Erez Law is currently investigating Raymond James Financial Services, Inc. broker John Larsen (CRD# 2700922) regarding stock losses. He has been registered with Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc. in Scottsdale, Arizona, since 2021. He was registered with Raymond James & Associates, Inc. in Scottsdale, Arizona, from 2013 to 2021, and Edward Jones in Scottsdale, Arizona, from 1997 to 2013, when he was terminated regarding, “in an attempt to accommodate firm clients regarding the distribution of funds, Mr. Larsen obtained firm documents signed in blank and additionally moved funds without prior authorization between firm accounts owned by joint tenants. mr. Larsen violated firm policy by introducing firm clients to one another regarding a business proposition to create a biotech company, which he co-founded. Additional firm clients also became investors in the biotech company. mr. Larsen disclosed this outside activity indicating he was an investor and board member. There are no customer complaints regarding these activities.”
John Larsen Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
March 2025. “Client alleged trades were not in line with her risk tolerance and placed without her knowledge. Allegation Activity Dates: 12/01/2023 – 03/21/2025.” The customer is seeking $3,000,000 in damages, and the case is currently pending. The complaint was regarding common and preferred stock losses, and it took place while he was registered with Raymond James Financial Services, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Raymond James Financial Services, Inc. may be liable for investment or other losses suffered by John Larsen’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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