Jake Mellor Resigns After Employer Allegations  – May Recover Investor Losses

Jake Mellor Resigns After Employer Allegations  – Goodman & Nekvasil, P.A., May Recover Investor Losses

Former FourStar Wealth Advisors, LLC financial adviser, Jake Mellor resigns after employer allegations.

Jake Mellor
CRD#: 5785588
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.  
JAKE FLOYD MELLOR (CRD#: 5785588), a  formerly registered broker for NOBLES & RICHARDS, INC., in Plano, TX,  was permitted to resign by his employer.  FourStar Wealth Advisors, LLC alleged that after following compliance review of transactions highlighted by our custodian, as well as discussion with the Advisor, the Advisor acknowledged failure to disclose outside securities transactions as required by the firm.  Advisor also violated internal policies and procedures regarding communications with the public.  Advisor appears to have violated securities laws and regulations regarding misappropriation of customer funds, custody, sale of unregistered securities, and acting as a broker without registration.
CRD#: 5785588

Jake Mellor Terminated After Employer Allegations


Goodman & Nekvasil, P.A., is investigating brokers who may have exercising unauthorized discretion in customer accounts. 

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.

We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 3/18/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

Contact Us Today!

1 Step 1
FormCraft - WordPress form builder