Jonathan Eric Ellefson, Broker with Intervest International Equities Corporation, Named in Customer Dispute Alleging Breach of Fiduciary Duty and Negligence, Among Other Misconduct

INVESTORS: Intervest International Equities Corporation broker Jonathan Eric Ellefson was named in a customer dispute alleging breaches of fiduciary duty, negligent misrepresentations, gross negligence, violation of FINRA Rules, negligent supervision, breach of contract, and fraud.

Jonathan Eric Ellefson

Jonathan Eric Ellefson (CRD: 1625977) is registered as a broker and investment adviser with Intervest International Equities Corporation, where he’s been employed since 1992. Previously, Ellefson was registered as a broker with American Express Financial Advisors from 1987 to 1991.

Ellefson has five disclosures on his BrokerCheck report. One customer dispute against Ellefson was closed with no action taken. 

October 2022 Customer Dispute

Status: Pending

Allegations: Claimant(s) allege Breach of Fiduciary Duty, Negligent misrepresentations, Gross Negligence, violation of FINRA rules, Negligent supervision, breach of contract and Fraud.

Damage Amount Requested: $538,000.00


June 2022 Customer Dispute

Status: Pending

Allegations: Claimant(s) allege Breach of Fiduciary Duty, Suitability, Material misrepresentations and omitted material information, violation of FINRA rules, failure to supervise and breach of contract.

Damage Amount Requested: $373,000.00


June 2019 Customer Dispute

Status: Settled

Allegations: Customer alleges sales of improper products. Was a client of Jon’s for 20+ years ending in 2015.

Settlement Amount: $145,000.00

Broker Comment: Intervest received SEC email with complaint attached on 4/10/2019. Arbitration names ONLY Intervest International Equities Corp in this arbitration. Jon is a subject party to this arbitration.


February 2017 Customer Dispute

Status: Settled

Allegations: Clients claim the sale of various ICON investments were unsuitable.

Damage Amount Requested: $350,000.00

Settlement Amount: $125,000.00

Broker Comment: Settled through mediation.


The Sonn Law Group is currently investigating allegations surrounding Jonathan Eric Ellefson. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.

CONTACT US FOR A FREE CONSULTATION

Se Habla Español

Contact our office today to discuss your case. You can reach us by phone at 844-689-5754 or via e-mail. To send us an e-mail, simply complete and submit the online form below.