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FINRA Broker Allegations

Allegations against: Jay Lindsay Geaslen

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Client alleged that his previous advisor misrepresented the risk associated with reverse convertible notes (rcns) and failed to inform the client that the rcn model changed from returning stock to the accounts when the contrast was called as a result of the barrier being broken, to only returning cash.

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