Stockbroker Misconduct Attorneys

Are You An Investor Who Sustained Portfolio Losses While Working With Former Edward Jones Broker Lincoln Mason?
Our Seasoned Stockbroker Misconduct Attorneys Are Investigating 

Shepherd Smith Edwards and Kantas Stockbroker Misconduct Attorneys (investorlawyer.com) are speaking to former customers of former financial advisor Lincoln Lucas Mason. Suspended by the Financial Industry Regulatory Authority (FINRA) in 2024 for 90 days, and discharged by Edward Jones in 2021, Mason is no longer a broker or investment adviser.

FINRA suspended Mason following allegations that he took part in undisclosed outside business activities while working as an Edward Jones registered representative. This purportedly involved setting up a limited liability company to buy a commercial property meant as an Edward Jones branch office. The then-Iowa financial advisor allegedly got the broker-dealer to lease the property without revealing his ownership interest.

Lincoln Mason’s CRD notes two customer disputes filed. One former client, who accused him of forging their signature on an account form and also wanted to hold him liable for advice given about portfolio distributions and Social Security elections, agreed to settle for $80K. Another client, who said he did not want his IRAs cashed in, arrived at a five-figure settlement, too.

In 2018, the Iowa Insurance Commissioner issued a sanction for the alleged failure to deposit money for preneed funeral costs in an irrevocable trust in a consumer’s name at a financial institution.

How Can You Tell If You Were The Victim of Stockbroker Misconduct?

Shepherd Smith Edwards and Kantas Stockbroker Misconduct Attorneys can help you determine whether you have grounds for an investment loss recovery claim against your financial advisor. Not all portfolio losses are caused by broker misconduct or negligence, which means not all investor losses warrant filing a case for damages against a broker-dealer.

However, if your investment account losses were caused by unsuitable investment recommendations, selling away, outside business activities, churning, unauthorized trading, excessive concentration, misrepresentations and omissions, negligence, gross negligence, or stockbroker fraud, we can determine if any of this is the case.

Please DO NOT try to resolve any dispute you have directly with your financial advisor or without savvy securities representation. Brokerage firms usually have their team of attorneys that will try to deny any allegations of wrongdoing or carelessness, perhaps even try to place the blame on the customer.

Our Stockbroker Misconduct Attorneys have been fighting for investors for 35 years. We have represented investors regarding more than 1000 matters in arbitration, mediation, and litigation. More than 90% of our clients have secured full or partial financial recovery.

Call our Stockbroker Misconduct Attorneys at (800) 259-9010 or contact us online.