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Written by 4:41 pm Current Investigations, Securities Fraud Articles

Nina Jessee, Cetera Advisors, Barred from Securities Industry

Nina Jessee, Cetera Advisors Investigation, Featured by Top securities fraud attorneys, The White Law Group

FINRA Reportedly Bars Nina Jessee after 23 Customer Complaints *UPDATED*

Have you suffered investment losses investing with former financial advisor Nina Jessee (CRD #1484808) of Cetera Advisors in Abingdon, Virginia? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses through FINRA Arbitration.

According to a Letter of Acceptance Waiver & Consent, the Financial Industry Regulatory Authority has allegedly barred Jessee from associating with any FINRA member at any time.

On December 11, 2018, FINRA staff reportedly sent a request to Jessee, to appear for on-the-record testimony on January 3, 2019. The request was sent in connection with FINRA’s investigation of alleged customer complaints related to alternative investments and allegations that Jesse failed to disclose an outside business activity.

According to the AWC, Jessee’s counsel reportedly contacted FINRA staff, acknowledged receipt of the request, and stated that Jessee would not appear for testimony. Consequently, she has been reportedly barred from working in the securities industry.

Jessee’s FINRA BrokerCheck report allegedly shows 24 customer complaints have been filed against Jessee since 2002. 18 complaints have been reportedly filed in the last three years. Allegations include unsuitable investments, over-concentration and misrepresentation, among others.

According to her broker record, Jessee was reportedly affiliated with Investors Capital Corp. (Cetera Advisors) since 1993 until she voluntarily resigned in November 2017 for violating “firm policy for not disclosing outside business activity (OBA) prior to engaging.”

Jessee was reportedly affiliated with the following firms, among others, during her career in the securities industry:
10/03/2016 – 11/29/2017, CETERA ADVISORS LLC (CRD#:10299), ABINGDON, VA

02/17/1993 – 10/03/2016, INVESTORS CAPITAL CORP. (CRD#:30613), ABINGDON, VA

For FINRA’s full findings see FINRA case number NO. 2018057366301.

Securities Fraud Lawsuits

The White Law Group continues its investigation regarding the liability that her former employers may have for failure to properly supervise Jessee’s alleged activities. Brokerage firms that fail to monitor their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

If you suffered losses investing with Nina Jessee, the securities fraud attorneys of The White Law Group may be able to help. For a free consultation with a securities attorney, please call 888-637-5510.

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

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.

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Tags: , , , , , Last modified: December 6, 2021