Nina Sue Jessee (also known as Nina Campbell Jessee) of Abingdon Virginia a stockbroker formerly employed by Investors Capital Corp. is the subject of a customer initiated investment related written complaint which was resolved for $20,000.00 on February 13, 2019 based upon accusations that the customer was placed in real estate securities which were inappropriate for the customer and poorly performed.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Jessee has been identified in twenty-two additional customer initiated investment related disputes containing allegations of her misconduct while employed with Investors Capital Corp. Particularly, a customer initiated investment related arbitration claim regarding Jessee’s conduct was settled for $30,000.00 in damages supported by accusations of misrepresentation and suitability relating to the customer’s Behringer Harvard investment transactions. FINRA Arbitration No. 14-01236 (Aug. 29, 2014).
On February 16, 2018, another customer filed an investment related complaint concerning Jessee’s conduct in which the customer sought unspecified damages founded on allegations that the customer’s account related information may have been mishandled; and the customer was placed in bad real estate security investments over a seven year period causing the customer to sustain $221,000.00 in losses.
Subsequently, a customer initiated investment related arbitration claim involving Jessee’s activities was resolved for $256,500.00 in damages based upon accusations that unwarranted real estate security transactions were executed in the customer’s account, causing the customer to suffer investment losses. FINRA Arbitration No. 16-03739 (Mar. 5, 2018). On March 12, 2018, another customer filed an investment related complaint regarding Jessee’s activities where the customer requested $400,00.00 in damages supported by allegations that between 2006 and 2016, the customer was placed in speculative and unsuitable real estate securities.
Also, Jessee is referenced in a customer initiated investment related written complaint on June 15, 2018 in which the customer sought damages estimated to exceed $5,000.00 founded on accusations that Jessee sold the customer inappropriate real estate security investments. Another customer initiated investment related arbitration claim concerning Jessee’s conduct was settled for $95,000.00 in damages based upon allegations that misrepresentations had been made to the customer concerning real estate security and direct investments selected for the customer’s account; and the customer’s assets were over-concentrated in speculative and inappropriate investments. FINRA Arbitration No. 18-00115 (Nov. 6, 2018).
Moreover, a customer filed an investment related arbitration claim regarding Jessee’s conduct where the customer requested damages estimated to exceed $5,000.00 in damages supported by accusations that real estate securities sold to the customer failed to conform to the customer’s financial situation, objectives for investing or tolerance for risk. FINRA Arbitration No. 19-00397 (Feb. 12, 2019).
Jessee’s registration with Investors Capital Corp. has been terminated as of October 3, 2016. Jessee was terminated from subsequent employer, Cetera Advisors LLC on November 10, 2017 founded on allegations that Jessee engaged in outside business activities without having disclosed those activities to the firm.
