Investment Loss Options for Clients of Edward Jones Broker Craig Foreman
Posted on Tuesday, September 15th, 2020 at 7:20 pm
Were you the victim of Edward Jones broker Craig Foreman (CRD# 6335574)? Foreman has been registered with Edward Jones in Odessa, Texas since 2014.
Foreman has been the subject of one customer complaint, according to his CRD report:
August 2019. “Claimant alleges his son impersonated him in a phone call with the Firm’s Branch Office Administrator and Financial Advisor. A fraudulently signed withdrawal form was faxed to the branch and funds were distributed to a bank account without Claimant’s authorization. Claimant alleges Edward Jones failed to take adequate steps to protect his assets and, in doing so, breached its fiduciary duty and acted negligently.” The customer is seeking $854,000 in damages and the case is currently pending.
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, Edward Jones may be liable for investment or other losses suffered by Foreman’s customers.Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.