Advisor Alert: Our Attorneys Are Investigating Nina Sue Jessee For Investment Fraud

Chetan Patil on November 16, 2023

Did You Lose Money Because of Nina Jessee?

Filed: November 15, 2023

Nina Campbell Jessee (also known as Nina Sue Jessee) has been the subject of one (1) regulatory event, one (1) termination event, and twenty-four (24) 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 Nina Sue Jessee.

Who Is Nina Sue Jessee?

  • Advisor Name: Nina Sue Jessee
  • Aliases: Nina Campbell Jessee
  • CRD: 1484808
  • Location: Abingdon, Virginia
  • Current Employer: No Longer Allowed to Practice in the Securities Industry
  • Previous Firms: Cetera Advisors LLC, Investors Capital Corp., and Financial Securities Networks, Inc.
  • Number of Known Customer Complaints: 24
  • Number of Known Regulatory Events: 1
  • Number of Known Termination Events: 1
  • Can Nina Jessee Be Sued: Yes, in Private Arbitration
  • Can Nina Jessee’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $500,000
  • Highest Settlement: $256,500

If you have suffered investment losses by Nina Jessee, 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 Nina Jessee For Broker Misconduct

As of this publication date, Nina Jessee has been the subject of 1 regulatory event, 1 termination event, and 24 customer disputes. Let’s review them below.

In June 2019, FINRA arbitration was filed against or in reference to Nina Jessee. Without admitting or denying the findings, Jessee consented to the sanction and to the entry of findings that she failed to appear for FINRA on-the-record testimony requested in connection with FINRA’s investigation of customer complaints related to alternative investments and allegations that Jesse failed to disclose an outside business activity.

In June 2019, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging overconcentration of 2008 investment. Per the customer, he/she lost over $39,500 because of Ms. Jessee’s actions. On September 30, 2019, Ms. Jessee settled the claim for $20,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In February 2019, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging poor performance of investments made in or about 2011. On February 13, 2019, Ms. Jessee settled the claim for $20,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In February 2019, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investment made in 2008. On April 29, 2019, Ms. Jessee settled the claim for $17,500, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In June 2018, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging client’s concern over investments made between 2012-2015 through Ms. Jessee at a prior BD, believing they will sell at a discounted price. The allegations were vague but contained allusions to unsuitability.

In April 2018, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made in April 2012. On April 1, 2019, Ms. Jessee settled the claim for $18,500, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In March 2018, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made between 2004 and 2013. On December 17, 2018, Ms. Jessee settled the claim for $34,500, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In March 2018, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investment made in March 2006. On November 27, 2018, Ms. Jessee settled the claim for $22,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In March 2018, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of certain investments made in 2006 & 2016. Per the customer, he/she lost over $400,000 because of Ms. Jessee’s actions. On April 2, 2019, Ms. Jessee settled the claim for $80,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In February 2018, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability and alleged losses associated with certain investments made in 2006 and 2012. Per the customer, he/she lost over $400,000 because of Ms. Jessee’s actions. On November 15, 2018, Ms. Jessee settled the claim for $150,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In February 2018, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made between 2007-2014. The clients also expressed concern over the privacy of their account information on file with Jessee following Jessee’s departure from the BD.

In January 2018, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging that Ms. Jessee misrepresented investments made in 2007 and 2010, over-concentrating them in unsuitable investments. Per the customer, he/she lost over $373,868 because of Ms. Jessee’s actions. On November 6, 2018, Ms. Jessee settled the claim for $95,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In December 2017, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made in or about 2015. Per the customer, he/she lost over $130,000 because of Ms. Jessee’s actions. On August 9, 2018, Ms. Jessee settled the claim for $20,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In November 2017, Cetera Advisors LLC terminated Nina Jessee for violating firm policy for not disclosing outside business activity (OBA) prior to engaging.

In February 2017, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made in approximately the 2005-2006 time period. On March 20, 2018, Ms. Jessee settled the claim for $48,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In September 2016, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made in 2004-2007. On August 26, 2017, Ms. Jessee settled the claim for $14,750, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In July 2016, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments dating back to 2005. Per the customer, he/she lost over $500,000 because of Ms. Jessee’s actions. On November 30, 2017, Ms. Jessee settled the claim for $250,001, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In June 2016, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of 2007 investment. On February 20, 2017, Ms. Jessee settled the claim for $60,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In June 2016, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability of investments made between 2011-2015. On November 30, 2017, Ms. Jessee settled the claim for $25,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In May 2016, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging suitability and performance of investments made between 2000 and 2007. Per the customer, he/she lost over $250,000 because of Ms. Jessee’s actions. On March 5, 2018, Ms. Jessee settled the claim for $256,500, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In November 2014, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging that investments made in may 2013 were unsuitable and had been misrepresented. The client bases this on a mistaken belief that he did not receive the intended interest/distribution amount. The client had no investment losses and received distributions (in the percentage disclosed in the prospectuses).  Per the customer, he lost over $7,220 because of Ms. Jessee’s actions.

In April 2014, a FINRA arbitration was filed against or in reference to Nina Jessee by multiple customers of Investors Capital Corp. alleging Behringer Harvard Investments purchased in 2004 and 2008 were unsuitable and misrepresented. The customers made these same allegations in a 2010 complaint, which was denied. Per the customers, they lost over $42,000 because of Ms. Jessee’s actions. On August 29, 2014, Ms. Jessee settled the claim for $30,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In November 2013, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging unsuitable investment recommendations commencing in 2005. Per the customer, he/she lost over $100,000 because of Ms. Jessee’s actions. On February 4, 2015, Ms. Jessee settled the claim for $29,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In November 2012, a FINRA arbitration was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleging that some 6 to 8 years after electing to make two investments, the client now claims that those investments were unsuitable. Per the customer, he/she lost over $215,000 because of Ms. Jessee’s actions. On November 27, 2013, Ms. Jessee settled the claim for $106,000, and some or all of this amount may have been paid by Ms. Jessee’s employer and/or insurance carrier.

In September 2010, a complaint was filed against or in reference to Nina Jessee by multiple customers of Investors Capital Corp. alleging misrepresentation. Per the customers, they lost over $44,000 because of Ms. Jessee’s actions.

In October 2002, a complaint was filed against or in reference to Nina Jessee by a customer of Investors Capital Corp. alleged unauthorized trading. Per the customer, he/she lost over $66,000 because of Ms. Jessee’s actions.

How To File A Claim Against Nina Jessee (previously with Cetera Advisors LLC, Investors Capital Corp., and Financial Securities Networks, Inc.) To Get Your Money Back.

If you have questions about Nina Jessee, Cetera Advisors LLC, Investors Capital Corp., Financial Securities Networks, Inc., 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.