Multiple Claims Filed Involving Chris Jacobi, Pensacola Ameriprise Financial Advisor

Bixby Law PLLC, a Pensacola, FL based law firm handling securities and investment fraud cases has already filed multiple claims on behalf of investors against Ameriprise involving recommendations from the former Ameriprise Financial Advisor, Chris Jacobi. We are still accepting new clients who have suffered losses and are interested in exploring options to recover their losses. We are pursuing claims against Ameriprise Financial Services, which is an affiliate of Ameriprise Financial, a multi-billion dollar national financial services company. 

The Pensacola News Journal published a story highlighting the claims filed by Bixby Law in January 2025 titled “Gulf Breeze man claims his life savings were ‘wiped out’ by financial advisor’s misconduct” https://www.pnj.com/story/news/local/escambia-county/2025/01/15/pensacola-financial-advisor-blamed-foman-lost-life-savings-to-bad-investment-attorney-blames-advisor/77666898007/

We are pursuing claims involving allegations of inappropriate and unsuitable recommendations of high risk and speculative investments, including , including recommendations to significantly concentrate accounts in a small number of investments Investors who were sold the following stocks or similar stocks by Ameriprise and/or Christopher John Jacobi may have a legal right to recover their losses. 

•Ebix, Inc.
•Qiwi PLC
•Big 5 Sporting Goods Corp.
•Shift Technologies Inc.
•Green Dot Corp.
•Rumble, Inc.
•Vale SA
•Rite Aid Corp.
•Or other stocks/investments with losses

Numerous claims already filed involve allegations that Jacobi recommended speculative stocks like Ebix Inc. Ebix was a software and e-commerce services supplier. In December 2023, Ebix filed for bankruptcy in the midst of fallout from auditing questions as reported by the Wall Street Journal. Ebix’s stock price has cratered losing nearly 100% of its value in the past several years.

Brokers and Financial Advisors owe legal obligations under securities industry rules and regulations, including the rules of the Financial Industry Regulatory Authority (FINRA) and the Securities & Exchange Commission (SEC). Recommendations in concentrated holdings or risky positions that are inappropriate, unsuitable, or not in the best interest of the customer may be violations of the rules and regulations, and investors who have suffered losses due to inappropriate recommendations may be entitled to file a claim to recover their losses.

Investors who have suffered losses with Ameriprise and Christopher John Jacobi are encouraged to reach out to Bixby Law PLLC and attorney Michael Bixby for a free and confidential consultation to learn about options to recover their losses. Bixby Law PLLC is located at 4300 Bayou Blvd., Suite 16, Pensacola, FL 32503 and Attorney Michael Bixby may be reached by phone at (850) 332-6945 or via email at Michael@BixbyLawFirm.com. 

Bixby Law PLLC represents investors on a contingency fee basis. This means upfront costs are not charged and clients will only pay Bixby Law PLLC’s attorney’s fees and costs incurred out of the funds recovered on their behalf.