Bernard Jasmin Allegedly Engaged in Unsuitability, Excessive Trading, & Churning; A Customer Complaint is Requesting $2,825,583.00 in Damages
Bernard Jasmin allegedly engaged in acts of unsuitability, excessive trading, and churning, according to FINRA Reports under review by investor rights attorney Alan Rosca.
Said customer complaint filed on October 3, 2018 against Bernard Jasmin is requesting damages of $2,825,583.00, FINRA notes.
Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Bernard Jasmin’s alleged unsuitability. Investors who believe they may have lost money in activity related to Bernard Jasmin’s alleged unsuitability are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Bernard Jasmin Is Currently Registered at PHX Financial, but His Current Dispute Is Related to His Tenure with Empire Asset Management Co.
Bernard Jasmin has been registered with PHX Financial, Inc. in New York, NY since May 20, 2015, but his pending customer dispute is related to actions when he was registered with Empire Asset Management Company, FINRA notes.
Jasmin, who is subject to FINRA oversight, was registered with Empire Asset in New York, NY from June 6, 2007 until May 18, 2015, FINRA states.
Jasmin, who has 16 years in the securities industry with 6 firms, has also been registered with National Securities in New York, NY from October 6, 2006 until June 4, 2007, and with Aura Financial Services, Inc in New York, NY from September 21, 2004 until October 3, 2006, FINRA reports. Bernard Jasmin also worked for National Securities Corp. in Seattle, WA from May 10, 2004 until September 28, 2004, FINRA states, and with J.P. Turner & Company, LLC in Atlanta, GA from October 6, 2002 until May 11, 2004.
Brokerage firms such as Empire Asset Management Company have a responsibility to adequately supervise all of their registered representatives who are employed through their firm, to prevent violations of securities rules and regulations. Brokerage firms also must initiate action to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. If and when brokerage firms fail to adequately supervise their registered representatives, they may be held liable for investment losses sustained by customers.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Bernard Jasmin’s alleged unsuitability. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.
Investors who believe they lost money as a result of Bernard Jasmin’s alleged unsuitability may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at firstname.lastname@example.org, or through the contact form on this webpage.