Switch to ADA Accessible Theme
Close Menu
Free Consultation: 888-976-6111

$2.3 Complaint Against Merrill Lynch Advisor Cass Jenkins

Fort Worth broker and investment advisor Cass Jenkins (CRD# 4304584) has received an investor complaint alleging more than $2 million in damages. Financial Industry Regulatory Authority records show that he is a representative of Merrill Lynch. 

Mr. Jenkins’ BrokerCheck report discloses one pending investor complaint. Filed in March 2022, the complaint alleges that as a representative of Merrill Lynch, he recommended an unsuitable investment strategy and omitted material facts between February 2020 and March 2020. The pending complaint alleges damages of $2.3 million.

Another investor complaint, filed in 2014, alleged that as a representative of Merrill Lynch, he recommended an unsuitable investment, misrepresented material facts, and omitted material facts related to a variable annuity investment. The complaint was denied by the firm.

A third investor complaint, filed in 2009, alleged misrepresentation regarding the liquidity of auction rate securities. The complaint settled with the firm’s agreement to repurchase the securities in question for their full par value, $175,000. A statement on the disclosure asserts that “The financial advisor did not cause, contribute, or have any control over these market events,” referring to the widespread failures and illiquidity in the market for auction rate securities.

According to the Financial Industry Regulatory Authority, Cass Jenkins holds 21 years of securities industry experience. Based in Fort Worth, Texas, he has been a broker and investment advisor with Merrill Lynch since 2002 and 2003, respectively. His prior registration was with Edward Jones (St. Louis, Missouri; 2001-2002). His credentials include the passage of six securities industry qualifying exams: the General Securities Sales Supervisor – Options Module Examination, or Series 9; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He holds 54 state licenses. (Information current as of June 13, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Suitability Complaints Against Avi Bialo, Arete Wealth Advisor

    Los Angeles financial advisor Avi Bialo (CRD# 6165479) has received two recent investor complaints alleging as much as $450,000 in...

    Read More
  • Marc Laborde: Complaints Against Ex-UBS Advisor Settle for Millions

    Investor complaints against Houston, Texas financial advisor Marc Laborde (CRD# 4975479) have settled for millions of dollars cumulatively. Financial Industry...

    Read More
  • Mutual Fund Complaints Against Ted Boutis, Ameriprise Advisor

    Mineola, New York financial advisor Ted Boutis (CRD# 2951760) is involved in investor complaints alleging misconduct in connection with investments...

    Read More
  • Ex-Merrill Lynch Advisor Jacquin Fink: 12 Investor Complaints

    Investor complaints against former New York City financial advisor Jacquin Fink (CRD# 207807) have settled for a cumulative sum of...

    Read More
  • Previous
  • Next