Did You Lose Money Because of Melvin Jacobi?
Filed: March 11, 2024
Melvin Jacobi (also known as Melvin Anthony Jacobi Jr, Tony Jacobi) has been the subject of one (1) customer complaint. 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 Melvin Anthony Jacobi.
Who Is Melvin Anthony Jacobi of Regulus Financial Group, LLC?
- Advisor Name: Melvin Anthony Jacobi
- Aliases: Melvin Anthony Jacobi Jr, Tony Jacobi
- CRD: 1217509
- Location: Louisville, Kentucky
- Current Employer: Regulus Financial Group, LLC
- Previous Firms: American Equity Investment Corporation, Waterstone Financial Group, Inc., and The O.N. Equity Sales Company
- Number of Known Customer Complaints: 1
- Can Melvin Jacobi Be Sued: Yes, in Private Arbitration
- Can Melvin Jacobi’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $25,000
- Highest Settlement: $3,372.76
If you have suffered investment losses by Melvin Jacobi, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment 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 Melvin Jacobi For Broker Misconduct
As of this publication date, Melvin Jacobi has been the subject of 1 customer dispute. Let’s review it below.
In March 2023, a FINRA arbitration was filed against or in reference to Melvin Jacobi by a customer of American Equity Investment Corporation alleging that investment made December, 2017 in GWG L-bond. L-Bond stopped paying interest in February 2022 and in April, 2022, GWG filed for reorganization under Chapter 11 bankruptcy. Per the customer, he/she lost over $25,000 because of Mr. Jacobi’s actions. On September 6, 2023, Mr. Jacobi settled the claim for $3,372.76, and some or all of this amount may have been paid by Mr. Jacobi’s employer and/or insurance carrier.
How To File A Claim Against Melvin Jacobi of Regulus Financial Group, LLC (previously with American Equity Investment Corporation, Waterstone Financial Group, Inc., and The O.N. Equity Sales Company) To Get Your Money Back
If you have questions about Melvin Jacobi, Regulus Financial Group, LLC, American Equity Investment Corporation, Waterstone Financial Group, Inc., The O.N. Equity Sales Company, 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.