shutterstock_123948847The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Texas-based Girard broker/adviser Jason LeBlanc (CRD# 2483182).

Jason LeBlanc has spent twenty years in the securities industry and has been registered with Girard Securities in Fulshear, Texas since 2009. Previous registrations include Woodbury Financial Services in Houston, Texas (2009); Stanford Group Company in Houston, Texas (1996-2009); and Merill, Lynch, Pierce, Fenner & Smith in New York, New York (1994-1996). Mr. LeBlanc is a registered broker and investment adviser in six US states: Alabama, Louisiana, New Jersey, Oregon, Texas, and Virginia.

According to his BrokerCheck report, Jason LeBlanc is the subject of three customer complaints.

In 2012 a customer alleged Jason LeBlanc, while employed at Stanford Group Company, misrepresented the customer’s net worth, without the customer’s awareness or authority, such that the customer would be classified as an accredited investor and thus qualified to purchase certain certificates of deposit. The customer sought more than $135,000 in damages in the complaint, which was closed with no action.

In 2011 a customer alleged Jason LeBlanc, while employed at Stanford Group Company, misrepresented improprieties in the sale of two certificates of deposit. The customer sought damages of $1,100,000 in the complaint, which was denied.

In 2010 a customer alleged Jason LeBlanc, while employed at Stanford Group Company, misrepresented a certificate of deposit and additionally misrepresented the customer as an accredited investor. The customer sought $59,878 in damages in the complaint, which was denied.

FINRA rules and federal securities law require brokers and financial advisers like Jason LeBlanc to recommend only investments that are suitable for their clients. They must consider such factors as age, investment goals, investment needs, income, and risk tolerance. Brokers may not misrepresent or omit material facts connected to the product in a manner that encourage cause clients to invest unsuitably. Brokerage firms like Stanford Group Company have a supervisory duty to ensure that their brokers adhere with these rules. Brokers and firms who misrepresent unsuitable transactions may be subject to disciplinary action.

If you have lost money investing with Jason LeBlanc or Stanford Group Company, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover money.  Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.