Jesse Gil, with Allstate Financial Services, Subject of FINRA Complaint

Have you lost money with financial advisor Jesse Gil?  The Law Firm of Israels & Neuman is investigating allegations made about Jesse Gil III of Allstate Financial in Corpus Christi, Texas.  FINRA (the Financial Industry Regulatory Authority) seeks to bar Gil from the securities industry.  FINRA alleges that Gil failed to respond to its investigation.   FINRA also alleges that Gil used an elderly investor’s credit cards to pay for personal expenses.

Jesse Gil is a financial advisor and registered representative of Allstate Financial Services from June 2016 to the present.  He worked in a branch office in Corpus Christi, Texas.  Gil has also a $68,000 tax lien against him.

Brokerage firms like Allstate Financial Services have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including Texas. Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past.

Click to view:  Gil, Jesse FINRA Complaint

Click to view:  Gil, Jesse BrokerCheck 8.27.19

If you lost money with Jesse Gil or Allstate Financial Services, please CONTACT US at 720-599-3505 for a free evaluation of your case.