Our firm is investigating Edward Jones financial advisor Marvin Brent Jun South Carolina for potential investment-related misconduct.
Financial Advisor’s Career History
Based on FINRA BrokerCheck, Marvin Brent June has been registered with Edward Jones since May 5, 2011, and has bnt adviser representative with the firm since July 26, 2011. His repos employment with Edward Jones from April 2011 to Present.
Marvin Brent June Fraud Allegations and Investor Complaints Explainede disclosed customer dispute that was reported as settled. The dispute includes allegations that the claimant was the victim of identity theft and that unauthorized persons were permitted to access the claiale of funds and transfers of money without authorization.
June–July 2022: Alleged identity theft and unauthorized liquidations/transfers
According to the BrokerCheck disclosure, the claimant alleged that in June and July 2022, unauthorized individuals were allowed to access the claimant’s account and direct defendants to sell fun claimant’s accounts without the claimant’s authorization. The matter lists alleged damages of $89,250.04 an of $65,000.00, with a disposition date of April 21, 2023. The disclosure also references civil litigation in the United States District Court in Florence, South Carolina (Doc shows the date notice/process served as November 1, 2022.
Reported disclosure (for context):
- Customer Dispute (Settled) — Allegations of identity theft and that unauthorized individuals accessed the account and directed sales/transfers without authorization (June–July 2022); Alleged damages: $89,250.04; Disposition: Settled; Disposition date: 04/21/2023; Settlement amount: $65,000.00; Civil case: 4-22-cvFlorence, SC); Date notice/process served: 11/01/2022.
To obtain a copy of Marvin Brent June’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2090 (Know Your Customer) generally requires firms and associated persons to use reasonable diligence to know and retain essential facts about each customer and the account, including facts needed to service the account and follow special handling instructions. In an identity-theft scenario—where the allegation is that “unauthorized individuals were allowed to access” an account and direct transactions—Rule 2090 can be implicated because account access and instruction authority should be tied to verified customer identity and authorization protocols, and failures in those protocols can lead to unauthorized liquidations or transfers. This “Know Your Customer” framework is often discussed alongside practical identity-verification and authority-to-act controls. (Related discussion: Know Your Customer.)
FINRA Rule 3110 (Supervision) requires member firms to establish and maintain a system to supervise the activities of each associated person that is reasonably designed to achieve compliance with applicable securities laws and FINRA rules. Where a customer alleges that account access controls failed and that transactions were executed based on instructions from unauthorized persons, Rule 3110 becomes relevant to whether the firm’s supervisory system (including escalation, authentication steps, and review of suspicious activity) was reasonably designed and effectively implemented to prevent and detect unauthorized account activity.
FINRA Rule 2010 requires brokers and member firms to observe high standards of commercial honor and just and equitable principles of trade. When allegations involve permitting unauthorized access, processing transactions without customer authorization, or mishandling account safeguards, Rule 2010 can be implicated as a broad ethical and conduct standard. In practice, it is often analyzed alongside more specific obligations (including supervision and customer verification) when the alleged facts suggest breakdowns in basic fairness, diligence, or integrity in handling customer accounts. (Additional background: FINRA Rule 2010.)
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.