August 1, 2024 – Jen and Rohne were named respondents in a FINRA complaint alleging that they failed to cooperate, or fully cooperate, in FINRA’s investigation into their activities regarding a failed sale of shares in a private space exploration company. The complaint alleges that Jen failed to produce certain documents and information requested by FINRA. Among other things, the requests sought documents regarding electronic signatures for a limited liability company that Jen founded and transactions in the space exploration company shares, as well as electronic communications between Jen and certain individuals, including Rohne, regarding the limited liability company, Jen’s and Rohne’s member firm, a related entity, and their efforts to sell shares of the space exploration company (or interests therein). The documents and information were material to FINRA’s investigation. The requested documents and information related to Jen and Rohne’s representations to counterparties and potential investors regarding potential securities transactions, their handling of transaction-related documents, and their conduct at their firm. Initially, Jen made a partial but substantially incomplete response to FINRA’s request. Later, Jen represented to FINRA that he possessed additional responsive documents and information, including a significant number of additional emails. Ultimately, Jen failed to produce any additional documents and information requested by FINRA. The complaint also alleges that Rohne failed to appear and provide on-the-record testimony requested by FINRA that was material to its investigation of his potential rule violations and was necessary for it to complete its regulatory mandate to fully investigate potential rule violations. Rohne’s failures to appear and provide testimony impaired FINRA’s investigation of, among other things, his handling of documents related to the failed transaction involving the space exploration company shares, representations to counterparties and investors regarding the offer and sale of securities, and his conduct and relationship with the limited liability company, the firm, and related entities. (FINRA Case #2022075977501)
If you have suffered losses as a result of Ben Jen and Raymond Damien Rohne's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Ben Jen and Raymond Damien Rohne. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.
Matthew Schwartz
Matthew Schwartz represents clients harmed by lawyers, accountants, insurance professionals, real estate agents, brokers, financial advisors, and other trusted professionals. He handles Florida litigation and nationwide FINRA arbitration. He has been recognized in The Best Lawyers in America® and named to the Best Law Firms® list.
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