David Long Jr. Lawsuit & Complaints | Former Edward Jones Advisor
Washington securities regulators have reportedly charged former Edward Jones advisor David Leslie Long Jr. (CRD# 4477884) with fraud and selling away. The state alleges he steered a longtime client into a $10,000 deal that promised a 170% return in less than a week. The White Law Group is investigating complaints involving David Long Jr. Here is what’s on his record and what your options may be.
Investors who lost money may be able to recover through FINRA arbitration.
Washington Charges in the David Long Jr. Case
On July 10, 2026, the Washington Department of Financial Institutions Securities Division filed a Statement of Charges against Long and another individual. The state alleges Long made securities sales that were not recorded on Edward Jones’ books and violated the state’s anti-fraud law. It seeks a $20,000 fine against Long, a permanent denial of future registration, and restitution to the investor. The charges against Long are allegations.
The Alleged Earthworks Landscaping Deal
In February 2026, Long allegedly brought a client an investment in Earthworks Landscaping and Construction LLC, a Seattle company. Edward Jones had reportedly not approved it.
David Long Jr. Complaints and Edward Jones Termination
Long’s BrokerCheck record shows a February 2026 customer complaint. The customer alleged Long arranged a loan with a third party outside Edward Jones that was never repaid, and that the two may have worked together to defraud him. The customer requested $10,000, and Edward Jones denied the complaint.
Edward Jones reportedly fired Long on February 26, 2026, citing concerns that he broke its policy on selling away. He was based in Redmond, Washington. He was also registered with Foresters Equity Services from 2002 to 2005.
Recovering Losses Involving David Long Jr.
Clients who put money into outside deals Long brought them while he was registered with Edward Jones may be able to file a claim. The White Law Group offers a free review of your situation.
Contact The White Law Group
The White Law Group is a national securities fraud law firm with offices in Chicago and Seattle. If you lost money with David Long Jr., call (888) 637-5510 for a free consultation, or contact us online. Learn more about how FINRA arbitration works.
Frequently Asked Questions
Can I file a lawsuit to recover money I lost with David Long Jr.?
Most investors recover losses like these through FINRA arbitration rather than a court lawsuit. Most brokerage account agreements typically include a pre-dispute arbitration clause, and many investors don’t know it’s there. Arbitration can still result in a monetary award, and it is separate from any restitution the state seeks.
What is “selling away,” and why does it matter for my investment?
Selling away is when a broker sells a client an investment the broker’s firm has not reviewed or approved. Because the deal happens outside the firm, no one checks whether it is legitimate or suitable before your money goes out. Washington alleges Long’s Earthworks deal was this kind of transaction.
Can Edward Jones be held responsible, even though it didn’t know about the deal?
Yes, potentially. Brokerage firms must supervise their advisors, including watching for outside deals with clients. If Edward Jones reasonably should have caught the activity, it may be liable for failing to supervise.
