Carlson Law Files Claim Involving Sam Jacobs of Key Investment Group

Carlson Law recently filed a case on behalf of an investor against LaSalle St. Securities involving the actions of Winter Park, Florida-based financial advisor Sam Jacobs (CRD# 2243093). Jacobs is a broker registered with LaSalle St. Securities and President of Key Investment Group.

The claim alleges that Jacobs engaged in highly speculative trading in the customer’s accounts, causing losses of $217,000—approximately 29% of the accounts’ values—at a time when the stock market rose. The investments at issue include foreign companies, such as Mobile Telesystems and Gazprom of Russia, HK Electric Investments Ltd. of Hong Kong, several companies that went public via SPAC, such as BurgerFi International Inc. warrants, Stem Inc., Vintage Wine Estates Inc., Cellebrite DI Ltd., Ouster Inc., and Velodyne Lidar Inc., and other risky stocks, including Silicon Valley Bank.

Key Investment Group’s website includes a profile describing Mr. Jacobs’ background and experience, beginning with a firm that raised capital for initial public offerings. “Sam developed a very successful business with this firm and became vice-president, serving for nine years as a top broker,” it states, noting that he went on to found Key Investment Group in 2004. “The goal and success of Key Investment Group is achieved by providing clients with portfolios of overseas assets. International portfolio management has been the focus of Key Investment Group from day one.”

According to the Financial Industry Regulatory Authority, Carlson Law holds 31 years of securities industry experience. Based in Winter Park, Florida, he has been registered as a broker with LaSalle St. Securities since 2004. He is also a representative of Key Investment Group. His registration history includes Peregrine Financials & Securities (Chicago, Illinois; 2001-2004), International Assets Advisory (Orlando, Florida; 1993-2001), and Chatfield Dean & Company (Greenwood Village, Colorado; 1992-1993). His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; 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 49 state licenses. (Information current as of May 18, 2024.)

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.