Advisor Alert: Our Attorneys Are Investigating Jacob (Jake) Cazier For Investment Fraud
Did You Lose Money Because of Jacob Cazier?
Filed: March 6, 2024
Jacob Cazier (also known as Jake Cazier) currently has three (3) pending customer complaints. Overall, he has been the subject of four (4) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Jacob Perry Cazier.
Who Is Jacob Perry Cazier?
- Advisor Name: Jacob Perry Cazier
- Aliases: Jake Cazier, Jacob Cazier
- CRD: 6904198
- Location: Clearfield, Utah
- Current Employer: Currently Not Registered
- Previous Firms: J.W. Cole Financial, LLC and Allegis Investment Services, LLC
- Number of Known Customer Complaints: 4
- Can Jacob Cazier Be Sued: Yes, in Private Arbitration
- Can Jacob Cazier’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $19,500,000
- Highest Settlement: $700,000
If you have suffered investment losses by Jacob Cazier, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Jacob Cazier For Broker Misconduct
As of this publication date, Jacob Cazier has been the subject of 4 customer disputes. Let’s review them below.
In February 2024, a FINRA arbitration was filed against or in reference to Jacob Cazier by multiple customers of Wealth Navigation Advisors and JW Cole Financial, Inc. alleging that the firm failed to detect fraud operated away from the Firm by a deceased representative that was with the Firm for less than two months. The claimants invested with the other representative after his departure from the Firm. The claimants allege that Mr. Cazier was indirectly involved. Per the customers, they lost over $7,100,000 because of Mr. Cazier’s actions. As of this publication date, this claim remains pending.
In November 2023, a FINRA arbitration was filed against or in reference to Jacob Cazier by multiple customers of J.W. Cole Financial, Inc. alleging that the firm failed to detect fraud operated away from the Firm by a deceased representative that was with the Firm for less than two months. The claimants invested with the other representative after his departure from the Firm. The claimants allege that Mr. Cazier was indirectly involved. Per the customers, they lost over $15,000,000 because of Mr. Cazier’s actions. As of this publication date, this claim remains pending.
In June 2023, an AAA arbitration was filed against or in reference to Jacob Cazier by multiple customers of Wealth Navigation Advisors alleging that the clients invested approximately $19,500,000.00 in the now worthless fund. The AAA Arbitration includes claims for violations of the Utah Securities Act, breach of fiduciary duty, negligent breach of professional duties, and negligent failure to supervise. Per the customers, they lost over $19,500,000 because of Mr. Cazier’s actions. On November 16, 2023, Mr. Cazier settled the claim for $700,000, and some or all of this amount may have been paid by Mr. Cazier’s employer and/or insurance carrier.
In April 2023, a FINRA arbitration was filed against or in reference to Jacob Cazier by multiple customers of Wealth Navigation Advisors alleging that the firm failed to detect fraud operated away from the Firm by a deceased representative that was with the Firm for less than two months. The claimants invested with the other representative after his departure from the Firm. The claimants allege that Mr. Cazier was indirectly involved. Per the customers, they lost over $850,000 because of Mr. Cazier’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Jacob Cazier (previously with J.W. Cole Financial, LLC and Allegis Investment Services, LLC) To Get Your Money Back
If you have questions about Jacob Cazier, J.W. Cole Financial, LLC, Allegis Investment Services, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.