Edward Jones Accused Of Defective Mutual Fund Advice
Todd Bruning Osing of Peoria Illinois a stockbroker currently employed by Edward Jones is referenced in a customer initiated investment complaint which was settled on June 19, 2018 to resolve accusations that Osing gave the customer unsuitable investment recommendations concerning the sale of mutual funds held in the customer’s investment portfolio.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Osing is referenced in two additional customer initiated investment related disputes pertaining to allegations of Osing’s misconduct during the time that he was associated with Edward Jones. In particular, a customer filed an investment related complaint regarding Osing’s conduct where the customer sought damages estimated to exceed $5,000.00 founded on accusations that the customer was provided inappropriate investment advice concerning stocks given the customer’s objectives of investing in mutual funds, certificate of deposit instruments and municipal bonds; and the customer suffered poor performance on the investments Osing advised the customer to purchase.
Thereafter, a customer filed an investment related complaint involving Osing’s activities in which the customer requested more than $5,000.00 in damages based upon allegations that the customer was not provided all the information concerning the upfront sales load on mutual fund transactions.
Osing has been registered with Edward Jones since March 27, 1997.