WARNING! James Van Ham of O.N. Equity SUSPENDED – Naperville, IL
James Van Ham, previously with O.N. Equity Sales Company, Suspended by FINRA
Have you lost money with financial advisor James Van Ham from Naperville, Illinois? We are currently investigating allegations made against James J. Van Ham, who previously worked with O.N. Equity Sales Company. FINRA (the Financial Industry Regulatory Authority) brought a regulatory action against Ms. Van Ham, making allegations that he used an unapproved email in an attempt to make an annuity exchange or switch, which O.N. Equity Sales Company already had found to be unsuitable.
The annuity exchange or switch did not take place. To settle these allegations, Van Ham agreed to a two-month suspension and a $5,000 fine.
James Van Ham was a registered representative and financial advisor of O.N. Equity Sales Company from April 2015 to July 2018. He worked at a branch office in Naperville, Illinois. Van Ham also was affiliated with Strategic Financial Group in Northbrook.
Broker-dealers like O.N. Equity Sales Company have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Chicago; Denver, Colorado; Ann Arbor, Michigan; and the Seattle area. We represent investors in FINRA arbitration in all 50 states, including over 150 investors in the past from throughout the Chicagoland area, Northern Illinois, and Central Illinois. Attorney David Neuman earned a degree in Finance at the University of Illinois in Urbana-Champaign before earning his law degree at Northern Illinois University in DeKalb, Illinois. Mr. Neuman also previously worked for a number of Chicago area law firms, including firms in St. Charles, Geneva, Chicago, and Barrington.
IF YOU LOST MONEY WITH JAMES VAN HAM OR O.N. EQUITY SALES COMPANY, PLEASE CONTACT US AT 720-599-3505 FOR A FREE EVALUATION OF YOUR CASE.
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