Peter Lee Swanson of Lakewood Colorado a stockbroker currently registered with Edward Jones is the subject of a customer initiated investment related civil action in which the customer requested more than $5,000.00 in damages based upon accusations that (1) unsuitable investment recommendations had been made to the customer (2) fiduciary duties had been breached (3) the customer’s account was negligently handled and (4) Edward Jones failed to supervise Swanson’s activities in reference to the liquidation of the customer’s individual retirement account holdings and purchase of real estate securities. Civil Action No. 2018CV30176 (Feb. 1, 2018).
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Swanson is referenced in two additional customer initiated investment related disputes pertaining to allegations of Swanson’s wrongdoing while employed with Edward Jones. Specifically, on July 22, 2015, a customer filed an investment related complaint regarding Swanson’s activities where the customer sought $18,742.00 in damages founded on accusations that Swanson misrepresented the nature of the customer’s withdrawals from the customer’s fixed annuity contract, and caused the customer to incur undue tax liabilities as a result of those withdrawals.
Subsequently, a customer filed an investment related civil action involving Swanson’s conduct in which the customer requested more than $5,000.00 in damages supported by allegations including failure to supervise, negligence, breach of fiduciary duty and suitability in regard to the customer’s real estate partnership interest transactions. Civil Action No. 2017CV31919 (Dec. 8, 2017).
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
