Edward Jones

The Securities and Exchange Commission filed charges against the investment firm for allegedly encouraging clients to purchase certain mutual funds without disclosing that it received compensation from those funds. The case was filed on behalf of customers who purchased shares of mutual funds from seven preferred mutual fund families that were available for sale by Edward Jones' registered representatives from January 1, 1999 through December 31, 2004. The financial services firm has agreed to pay the Securities and Exchange Commission $75 million. (Apr-19-06) [ST LOUIS BUSINESS JOURNAL]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.