Joseph Dewey Jackson (also known as Joe Jackson and Joey Jackson), of Fayetteville, North Carolina, a stockbroker registered with Capital Investment Group Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $300,000.00 in damages based upon alleged failure to supervise, breach of contract, negligent misrepresentation, negligence, and breach of fiduciary duty in connection with the sale of direct investments, including GWG Holdings Class L Bonds when Jackson was associated with Capital Investment Group Inc. FINRA Arbitration No. 24-00490 (March 4, 2024).
FINRA Public Disclosure shows that Jackson is referenced in three other customer initiated investment related disputes concerning Jackson’s conduct while associated with securities broker dealers. On June 17, 2002, a customer filed an investment related complaint involving Jackson’s conduct in which the customer requested $56,000.00 in damages based upon alleged misrepresentation in connection with the sale of variable annuities when Jackson was associated with RBC Centura Securities Inc. The customer alleged that they believed they were purchasing a fixed annuity but instead purchased a variable annuity, which subsequently lost value due to market decline. The complaint was denied.
On November 7, 2023, a customer initiated investment related FINRA securities arbitration claim involving Jackson’s conduct was settled for $150,000.00 in damages based upon alleged unsuitable recommendations of GWG Holdings Class L Bonds and annuities when Jackson was associated with Capital Investment Group Inc. FINRA Arbitration No. 22-02414.
On August 24, 2023, a customer filed an investment related FINRA securities arbitration claim involving Jackson’s conduct in which the customer requested $185,000.00 in damages based upon alleged breach of contract, negligent misrepresentation, negligence, and breach of fiduciary duty also in connection with the sale of GWG Holdings Class L Bonds. FINRA Arbitration No. 23-02324.
Jackson has been associated with Capital Investment Group Inc. in Fayetteville, North Carolina since September 18, 2015, as a stockbroker. He has been associated with Capital Investment Advisory Services LLC in Fayetteville, North Carolina since January 14, 2022, as an investment advisor representative.
Jackson was also associated with Cape Fear Securities Inc. in Fayetteville, North Carolina from May 6, 2013, to December 31, 2021, as an investment advisor representative and from May 6, 2013, to January 4, 2016, as a stockbroker.
