(CRD #6623905, Bellmore, New York)

April 14, 2025 – An OHO decision became final in which Jakobs was barred from association with any FINRA member in all capacities. The sanction was based on the findings that Jakobs failed to produce information and documents requested by FINRA in connection with its investigation. The findings stated that FINRA began an investigation focused on payments totaling more than $2 million that Jakobs and entities affiliated with him had received from a registered representative at a firm that Jakobs was briefly employed in an unregistered capacity at. The concern was that those payments might have constituted compensation for undisclosed activities requiring registration with FINRA. (FINRA Case #2023077022402) If you have suffered losses as a result of Sam Jakobs' 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 bySam Jakobs. 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.