Written by The White Law Group• July 3, 2019• 2:11 pm• Blog, Current Investigations

Christopher S. Jorgensen Broker Investigation

Christopher S. Jorgensen Investigation, Featured by Top Securities Fraud Attorneys, The White Law Group

Former Summit Brokerage Advisor Christopher S. Jorgensen Barred

Are you concerned about your investments with Christopher S. Jorgensen? If so, the securities attorneys at The White Law Group may be able to help you through FINRA Arbitration.

According to the Financial Industry Regulatory Authority (FINRA), the regulator has reportedly barred former Summit Brokerage financial advisor Christopher S. Jorgensen from associating with any FINRA member at any time for allegedly refusing to provide testimony in an investigation.

According to his BrokerCheck profile, Jorgensen was a registered representative with Summit Brokerage in Setauket, New York from January 2012 until April 2017 when he was reportedly dismissed due to “a verbal complaint from a customer who alleged that the representative instructed her not to respond to a FINRA inquiry.”

Prior to that, Jorgensen was reportedly registered with Raymond James in Smithtown, New York from February 2008 until January 2012 when he was purportedly discharged “Due to a client complaint and settlement relating to unauthorized discretion.”

Jorgensen reportedly has 2 settled customer complaints listed on his broker report- allegations include unauthorized trading, excessive trades and unsuitable investments, over-concentration and failure to follow instructions.

Investigating Potential Lawsuits

The White Law Group is investigating potential claims regarding the liability that his former employers may have for failure to properly supervise Jorgensen.

When brokers abuse client accounts and conduct transactions that violate securities laws, such as churning, and unauthorized trades, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, includingNew York. Our attorneys have recovered millions of dollars from many brokerage firms in the past.