Close Menu
Free Consultation: 888-976-6111

Jason Mieras: $250K Complaint Against American Portfolios Advisor

Lake Como, New Jersey financial advisor Jason Mieras (CRD# 2850648) recently received an investor complaint alleging his advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with American Portfolios Financial Services.

Mr. Mieras’ BrokerCheck report discloses two investor complaints. The most recent, filed in July 2023, alleges that as a representative of American Portfolios Financial Services, he recommended an equity investment that resulted in loss. The pending complaint alleges damages of $250,000.

An earlier investor complaint, filed in 2015, alleges that premium payments for an insurance policy’s enhanced death benefit were not made, resulting in the policy’s lapse. In 2017 the complaint reached a settlement of $600,000.

In a statement included with the 2015 complaint’s disclosure, Mr. Mieras wrote that the insurance company “was responsible for direct contact with the policy holder regarding premium notices and collection of payments and in fact was receiving payments automatically from policy holders business bank account as arranged by policy holder.” The complaint states further that the policyholder received a notification regarding the “cessation of payments” with enough time to allow for the policy’s reinstatement, and that he was assigned to the policy “as agent of record after [the] original agent retired.”

According to the Financial Industry Regulatory Authority, Jason Mieras holds 26 years of securities industry experience. Based in Lake Como, New Jersey, he has been a broker and an investment advisor with American Portfolios Financial Services since 2001 and 2002, respectively. His credentials include the passage of six securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Municipal Fund Securities Principal Examination, or Series 51; 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 Investment Adviser Law Examination, or Series 65. He holds 55 state licenses. (Information current as of September 3, 2023.)

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
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Aubrey Morrow: Financial Designs Advisor Faces $100K-$500K Complaint

    San Diego financial advisor Aubrey Morrow (CRD# 836500) allegedly recommended unsuitable investments, according to recent investor complaints. Financial Industry Regulatory...

    Read More
  • William Hayden: $265K Oil & Gas Complaint Against Texas Securities Advisor

    A recent investor complaint against Carrollton, Texas financial advisor William Hayden (CRD# 2303449) alleges that he recommended an unsuitable oil...

    Read More
  • True Capital Management Settles with SEC

    True Capital Management, a registered investment advisory firm that specialized in managing money for professional athletes, settled with the Securities...

    Read More
  • Joseph Smith Jr.: Newbridge Advisor Lands $100K-$500K Complaint

    Boca Raton, Florida financial advisor Joseph Smith Jr. (CRD# 428137) recently received an investor complaint alleging damages as high as...

    Read More
  • Previous
  • Next