Brian D. Addis of Vandalia Ohio a stockbroker formerly employed by Edward Jones is the subject of a customer initiated investment related complaint on June 27, 2017 in which the customer sought more than $5,000.00 in damages founded on allegations that Addis provided the customer with bad advice in regard to the transition of the customer’s funds from a qualified retirement account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Addis is referenced in three more customer initiated investment related disputes containing accusations of his violative conduct during the time that he was employed by Edward Jones. In particular, a customer filed an investment related complaint involving Addis’ conduct where the customer requested more than $5,000.00 in damages based upon allegations that excessive trades had been placed in the customer’s account, and trades were executed without Addis corresponding with the customer beforehand.
On January 5, 2017, another customer initiated investment related complaint concerning Addis’ activities was settled to resolve accusations of common and preferred stock trades being effected in the customer’s account without the customer’s permission when Addis was associated with Edward Jones. Also, on July 10, 2017, a customer initiated investment related complaint regarding Addis’ conduct was settled to resolve allegations of false or misleading statements being made to the customer by Addis in 2016 concerning individual retirement account distributions.
Addis was terminated by Edward Jones on September 21, 2016 supported by accusations of the stockbroker exercising discretionary authority in a manner which violated Edward Jones’ policy. Between December 19, 2016 and July 18, 2019, the stockbroker was associated with Cantella Co. Inc. Since June 24, 2019, Addis has been employed by GWN Securities Inc.
