Menu

Troy Nelson – Financial Advisor Found Liable by Arbitration Panel

Posted · Add Comment

                Troy Nelson Financial Advisor CRD #3077843

                An arbitration claim was filed by Murrin Law Firm alleging that Troy Nelson and Edward Jones, during Claimant’s divorce proceedings, disbursed marital funds to Claimant’s former husband from a restricted account, without Claimant’s knowledge or authorization, and also unreasonably withheld marital assets awarded to Claimant.

                Claimants further alleged, in the First and Second Statement of Claims, the following causes of actions against Troy Nelson and Edward Jones: inappropriate and unsuitable investments; breach of fiduciary duty; churning; fraudulent transfers; forgery; omission of material facts; unauthorized activity, including trades, deposits, and withdrawals; and discrimination due to marital status.

                The arbitration panel found Edward Jones and Troy Nelson liable and ordered Edward Jones to pay Claimant the sum of $380,862.62 in compensatory damages and $125,000 in attorney fees. If you lost money on investments with Edward Jones and or Troy Nelson, you may be able to recover your losses from Edward Jones, because Edward Jones had a duty to supervise Troy Nelson and all the 17,000 Edward Jones brokers.

                If you lost money on investments with Edward Jones or Troy Nelson and believe that the investments may have been unsuitable or otherwise improper for you, we would  like to discuss the possibility of you retaining our firm to represent you in an arbitration action against Edward Jones. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

                Murrin Law Firm has recovered millions on behalf of victimized investors. If you lost money on investments with Edward Jones or Troy Nelson and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.