Jeffrey Dixson

Jeffrey Dixson (Jeff Dixson) was a registered broker with Madison Avenue Securities, LLC from 2007 to 2019. In 2007, the State of Washington, through the Office of the Insurance Commissioner, initiated a dispute with allegations that Jeffrey Dixon “sold variable annuities to Washington Residents that were not approved by the WA Office of the Insurance Commissioner (OIC).” Jeffrey Dixson had to pay a monetary fine as a result of this dispute. Dixson has been the subject of 13 other disclosures (all Customer Disputes), according to FINRA’s BrokerCheck.

Aside from past disputes with allegations of misrepresentation of investments, poor recommendations and poor advice, Jeffrey Dixson still has ten pending customer disputes. The allegations include “poor performance and unsuitable investments” and “negligence, professional negligence, violations of law, unsuitable recommendations, negligent supervision, breach of contract, breach of fiduciary duty and breach of securities industry rules and regulations.”

If you invested with Jeffrey Dixson of Madison Avenue Securities, LLC, you should contact Peiffer Wolf and Meyer Wilson immediately by calling 585-310-5140 or filling out a contact form for a FREE Consultation

According to FINRA’s BrokerCheck, Jeffrey Dixson has been the subject of 14 disclosures, some of which include allegations of unsuitable recommendations that include GBP. Since 2019, multiple lawsuits have been filed and regulatory matters have been initiated alleging that GPB Capital Holdings has been engaged in wrongdoing. Most notably, former GPB Holdings operating partner, Patrick Dibre alleged that “losses occasioned by GPB were in fact caused by a very complicated and manipulative Ponzi scheme.”  The claim further alleges that “GPB paid its investors significant returns based upon falsified financial information.” If you invested in any GPB Funds, contact Peiffer Wolf immediately.

Some of the more notable disclosures are as follows:

• August 2020 – Customer Dispute – Pending. Amount requested: $225,000. Allegations: “Unsuitable recommendations of alternative investments, including GPB and poor due diligence.”
• August 2020 – Customer Dispute – Pending. Amount requested: $100,000. Allegations: “Unsuitable recommendation of GPB and one other alternative.”
• May 2020 – Customer Dispute – Pending. Amount requested: $1,127,780. Allegations include “failure to conduct Due Diligence, unsuitable recommendation, over concentration, misrepresentations.”
• April 2020 – Customer Dispute – Pending. Amount requested: $500,000. Allegations include “failure to conduct Due Diligence, unsuitable recommendation, overconcentration, misrepresentations and omissions in violation of FINRA regulations in the sale of GPB.”
• March 2020 – Customer Dispute – Pending. Amount requested: $295,082. Allegations include “failure to conduct Due Diligence, unsuitable recommendation, overconcentration, misrepresentations and omissions in violation of FINRA regulations in the sale of GPB.”
• February 2020 – Customer Dispute – Pending. Amount requested: $100,000. Allegations include unsuitable alternative investments, “poor performance, lack of due diligence, elder abuse and failure to supervise. GPB was one of the investments claimant purchased.”

Concerning Products sold by Jeffrey Dixson include (but are not limited to):