Erez Law is currently investigating Intervest International Equities Corporation broker Jonathan Ellefson (CRD# 1625977) regarding GWG Holdings Inc. L Bonds losses. He has been registered with Intervest International Equities Corporation in Harker Heights, Texas since 1992 and with Intervest International, Inc. in Harker Heights, Texas since 2008.
Jonathan Ellefson Customer Complaints
He has been the subject of four customer complaints between 2015 and 2022, one of which was closed without action, according to his CRD report:
June 2022. “Claimant(s) allege Breach of Fiduciary Duty, Suitability, Material misrepresentations and omitted material information, violation of FINRA rules, failure to supervise and breach of contract.” The customer is seeking $373,000 in damages and the case is currently pending. The complaint took place while he was registered with Intervest International Equities Corporation and it was regarding GWG Holdings Inc. L Bonds.
June 2019. “Customer alleges sales of improper products. Was a client of Jon’s for 20+ years ending in 2015.” The case was settled for $145,000. The complaint was regarding equipment leasing, mutual funds, and real estate securities.
February 2017. “Clients claim the sale of various ICON investments were unsuitable.” The customer sought $350,000 in damages and the case was settled for $125,000. The complaint was regarding equipment leasing and it took place while he was registered with Intervest International Equities Corporation.
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, Intervest International Equities Corporation may be liable for investment or other losses suffered by Jonathan Ellefson’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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