Peyton Jackson Allegedly Engages In Unauthorized Trading

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Peyton Jackson. According to his publicly available FINRA BrokerCheck report, Peyton Jackson has been the subject of multiple customer disputes.

Peyton Jackson was a New York based securities broker. He worked in the securities industry for twenty-five years. During his career, he was registered with eight different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

• J.W. Grant & Associates (1989-1992)


• Tamaron Investments (1992-1994)


• A.G. Edwards & Sons (1994-2000)


• Morgan Stanley (2000-2001)


• Mckim Capital (2002-2010)


• Dawson James Securities (2010-2011)


• Legend Securities (2011-2012)


• Alexander Capital (2012-2015)

• In October 1994, a customer alleged that Peyton Jackson executed unauthorized trades, churned their account, and recommended unsuitable investments. This case was settled for $13,000 in damages.


• In January 2001, a customer alleged that Peyton Jackson excessively traded their account, executed unauthorized trades, engaged in inappropriate trading, churned their account, mismanaged their account, omitted material facts, breached contract, breached his fiduciary duty, and committed fraud. This case was settled for $100,000 in damages.


• In January 2002, a customer alleged that Peyton Jackson provided them with unsuitable advice. This case was settled for $42,500 in damages.


• Also in January 2002, another customer alleged that Peyton Jackson provided them with unsuitable advice. This case was settled for $150,000 in damages.


• In March 2015, a customer alleged that Peyton Jackson breached his fiduciary duty. This case was settled for $3,500 in damages.


• In November 2015, a customer alleged that Peyton Jackson recommended unsuitable investments, made negligent misrepresentations, committed fraud, breached his fiduciary duty, and breached contract. This case is currently pending. The customer is seeking $700,000 in damages.


• In January 2016, a customer alleged that Peyton Jackson provided them unsuitable investment advice. This case was settled for $100,000 in damages.


• In April 2016, Peyton Jackson was officially sanctioned by FINRA. The findings in this matter state that he failed to disclose specific outside business activities to his member firm. This alleged outside business was that Jackson offered investment banking, investor relations, commercial marketing, and Easter Europe business development services through an entity he controlled. Due to these allegations, he was fined $20,000 and suspended from acting as a securities broker in any fashion for a period of six months.


• In October 2016, a customer alleged that Peyton Jackson breached contract, breached his fiduciary duty, committed fraud, engaged in securities fraud, made negligent misrepresentations, handled their account negligently, and caused them to miss out on opportunities. This case was settled for $160,000 in damages.


• Peyton Jackson became the subject of a FINRA investigation looking into the multiple Statements of Claim filed against him with the allegations of unsuitable recommendations, fraud, negligent misrepresentation, breach of fiduciary duty, and breach of contract. Jackson allegedly failed to comply with the investigation's request for information and was in turn barred by FINRA from acting as a securities broker in any fashion in April of 2017.


• In March 2018, a customer alleged that Peyton Jackson violated the Virginia Securities Act, breached his fiduciary duty, and violated FINRA Rule 2111. This case is currently pending. The customer is seeking $280,000 in damages.

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages.

Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Peyton Jackson, please contact Oakes & Fosher for a free and private consultation. We work on a contingency basis, which means there are no fees charged unless we collect for you.