Investment Loss Options for Clients of Former Worden Capital Management LLC Broker Jason Wilk
Posted on Tuesday, November 3rd, 2020 at 9:05 pm
Were you the victim of former Worden Capital Management LLC broker Jason Wilk (CRD# 6072438)? Wilk was registered with Worden Capital Management LLC in New York, New York from 2017 to 2019. Previously, Wilk was registered with:
- Craft Capital Management LLC in New York, New York from May to September 2017
- Windsor Street Capital, LP in New York, New York from November 2016 to January 2017
- National Securities Corporation in New York, New York from 2015 to 2016
- Meyers Associates, L.P. in New York, New York from 2013 to 2015
In November 2019, FINRA suspended Wilk for three months after he failed to respond to a FINRA request for information.
Wilk has been the subject of six customer complaints between 2016 and 2019, according to his CRD report. Five prior complaints regarding unauthorized trading were settled. Wilk was registered with National Securities Corp. and Myers Associates LP at the time of the allegations. The most recent complaint is regarding:
October 2019. “Common law fraud; negligent misrepresentation; breach of fiduciary duty; failure to supervise; negligence. Time period of alleged activity: November 2017 through summer 2018.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint took place while Wilk was registered with Worden Capital Management LLC and was regarding equity OTC and common and preferred stocks.
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, Worden Capital Management LLC may be liable for investment or other losses suffered by Wilk’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.