Richard Lynn Goldston of Fort Scott, Kansas, a stockbroker registered with Edward Jones, is the subject of a customer initiated investment related complaint filed on June 8, 2023, in which the customer requested $41,000.00 in damages based upon allegations that Goldston “borrowed” customer funds and committed fraud in connection with the sale of investments during the time that Goldston was registered with Edward Jones.
This is not the first time that Goldston has been referenced in a customer initiated investment related dispute concerning Goldston’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Goldston was also referenced in a customer initiated investment related complaint that was settled on September 2, 2021, for $26,820.00 in damages based upon allegations that Goldston provided inaccurate information resulting in tax consequences to the customer when Goldston was registered with Edward Jones.
Goldston was also referenced in a customer initiated investment related complaint that was settled on March 16, 2023, for $21,288.77 in damages based upon allegations that Goldston caused the customer to take out a loan on margin and provide the stockbroker with proceeds.
Goldston was registered with Edward Jones as a stockbroker from June 22, 2000, to March 8, 2023. Goldston was discharged on March 3, 2023, based upon allegations that Goldston failed to comply with policies of the securities broker dealer relating to customer loans and margin accounts.
