Meyer Wilson Investigates Broker Jeffrey Furniss

Lincoln Financial Broker Accused of Making Unsuitable Recommendations

Multiple clients have accused Lincoln Financial broker Jeffrey John Furniss (CRD#: 4888498) of making unsuitable recommendations in oil and gas investments resulting in losses. The customer disputes are currently pending. 

At Meyer Wilson, we represent investors who have sustained losses as a result of broker misconduct nationwide. Our legal team has decades of combined experience helping clients get their investment losses back. If you suffered losses after investing with Jeffrey John Furniss or another broker accused of wrongdoing, contact our office at (614) 532-4576 to schedule a free consultation. 

Current Customer Disputes Against Lincoln Financial Broker

Jeffrey John Furniss, a registered representative of Lincoln Financial Advisors Corporation, has been accused of misconduct by multiple clients. According to his BrokerCheck report, two clients allege that he made unsuitable recommendations in Oil & Gas investment. 

Settled Customer Disputes Against Furniss

The current disputes are not the only time that Furniss has been accused of wrongdoing. His report indicates that in 2017 a matter was settled for $150,000. The customer in the dispute alleged that Furniss had made unsuitable recommendations and failed to disclose important facts of a third-party managed account, variable annuity, Real Estate Investment Trust (REIT), and Oil & Gas investment.

Prior Experience of Jeffrey John Furniss

Furniss has worked for Lincoln Financial Advisors Corporation since 2005. 

What Are Unsuitable Recommendations?

Unsuitable investment recommendations are those investment recommendations that are inappropriate under industry standards to make to an investor because they are not in the best interest of the client. A broker or financial advisor is required to complete due diligence of both the investment and the client before making investment recommendations to a client. They must review their situation to determine whether the investment is appropriate for their portfolio.

Information such as the client’s income, investment knowledge, risk tolerance, age, and future financial needs all must be taken into consideration before a broker makes a recommendation, particularly with alternative investments. If a broker makes investment recommendations that are not in your best interest, the investor may be entitled to damages through FINRA arbitration. 

Contact Our Office for a Free Case Evaluation

If you have investment losses related to a broker’s unsuitable recommendations, you might be entitled to financial compensation. Contact our office at (614) 532-4576 to discuss your legal options directly with an attorney. 

At Meyer Wilson, we offer free, no-obligation consultations on investor claims. Since 1999, we have represented over 1000 clients across the country and recovered hundreds of millions of dollars. Call our office today to get started. Let us help you recover your losses through arbitration or litigation.