Jonathan Douglas Freeze (also known as Jon Freeze) of Canonsburg Pennsylvania a stockbroker formerly registered with Fortune Financial Services Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought $330,000.00 in damages based upon accusations that Freeze solicited and obtained the customer’s funds for purposes of a direct investment in Alternative Energy Holdings which was executed away from the firm and which caused the customer to suffer unwarranted losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00650 (Mar. 5, 2019).
FINRA Public Disclosure confirms that Freeze is referenced in seven additional customer initiated investment related disputes containing allegations of his violative conduct while employed with Fortune Financial Services Inc. For example, on December 11, 2017, a customer filed an investment related complaint concerning Freeze’s activities in which the customer requested $165,000.00 in damages supported by accusations that the customer sold a fraudulent promissory note while Freeze was associated with Fortune Financial Services.
Then, a customer filed an investment related arbitration claim in regard to Freeze’s conduct where the customer sought $370,000.00 in damages founded on allegations of Freeze selling a Regulation D private placement investment issued by Alternative Energy Holdings away from the firm which resulted in the customer sustaining losses. FINRA Arbitration No. 19-00444 (Feb. 21, 2019). Also, a customer filed an investment related arbitration claim involving Freeze’s activities in which the customer requested $118,500.00 in damages based upon accusations that the customer sustained unwarranted investment losses after being urged by Freeze to enter into a private securities transaction involving Alternative Energy Holdings when this investment was not appropriate for the customer. FINRA Arbitration No. 19-00607 (Feb. 27, 2019).
FINRA Public Disclosure reveals that Freeze has been barred from associating with any FINRA member in any capacity based upon findings that Freeze failed to be forthcoming when FINRA investigated him regarding his potentially unsuitable recommendations to customers of the securities broker dealer. Letter of Acceptance Waiver and Consent No. 2017052701401 (Aug. 14, 2017).
According to the AWC, on June 20, 2017, Freeze was instructed by FINRA to provide information and documentation concerning his investment recommendations. Apparently, Freeze failed to respond to the regulator by the deadline imposed. This resulted in a second request being made by FINRA on July 7, 2017. In response, counsel for Freeze confirmed that Freeze would not be cooperating in FINRA’s investigation. Freeze’s failure to comply with FINRA’s request prevented FINRA from concluding whether unsuitable investment recommendations had been made by him. Therefore, FINRA found Freeze’s conduct violative of FINRA Rule 2010 and 8210.
Jonathan Douglas Freeze (also known as Jon Freeze) of Canonsburg Pennsylvania a stockbroker formerly registered with Fortune Financial Services Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought $330,000.00 in damages based upon accusations that Freeze solicited and obtained the customer’s funds for purposes of a direct investment in Alternative Energy Holdings which was executed away from the firm and which caused the customer to suffer unwarranted losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00650 (Mar. 5, 2019).
FINRA Public Disclosure confirms that Freeze is referenced in seven additional customer initiated investment related disputes containing allegations of his violative conduct while employed with Fortune Financial Services Inc. For example, on December 11, 2017, a customer filed an investment related complaint concerning Freeze’s activities in which the customer requested $165,000.00 in damages supported by accusations that the customer was provided bad investment advice regarding the purchase of a promissory note away from Fortune Financial Services.
Then, a customer filed an investment related arbitration claim in regard to Freeze’s conduct where the customer sought $370,000.00 in damages founded on allegations of Freeze selling a Regulation D private placement investment issued by Alternative Energy Holdings away from the firm which resulted in the customer sustaining losses. FINRA Arbitration No. 19-00444 (Feb. 21, 2019). Also, a customer filed an investment related arbitration claim involving Freeze’s activities in which the customer requested $118,500.00 in damages based upon accusations that the customer sustained unwarranted investment losses after being urged by Freeze to enter into a private securities transaction involving Alternative Energy Holdings when this investment was not appropriate for the customer. FINRA Arbitration No. 19-00607 (Feb. 27, 2019).
FINRA Public Disclosure reveals that Freeze has been barred from associating with any FINRA member in any capacity based upon findings that Freeze failed to be forthcoming when FINRA investigated him regarding his potentially unsuitable recommendations to customers of the securities broker dealer. Letter of Acceptance Waiver and Consent No. 2017052701401 (Aug. 14, 2017).
According to the AWC, on June 20, 2017, Freeze was instructed by FINRA to provide information and documentation concerning his investment recommendations. Apparently, Freeze failed to respond to the regulator by the deadline imposed. This resulted in a second request being made by FINRA on July 7, 2017. In response, counsel for Freeze confirmed that Freeze would not be cooperating in FINRA’s investigation. Freeze’s failure to comply with FINRA’s request prevented FINRA from concluding whether unsuitable investment recommendations had been made by him. Therefore, FINRA found Freeze’s conduct violative of FINRA Rule 2010 and 8210.
