This Law Firm Can Help Recover Potential Losses Due to JOHN JAMES
John James, formerly with Merrill Lynch, Barred from the Securities Industry
Have you lost money with financial advisor John James of Wayzata, Minnesota? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against John M. James. FINRA barred James from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating James for allegations that he engaged in undisclosed outside business activities and private securities transactions, without disclosing such to his former brokerage firm, Merrill Lynch. James was also alleged to have borrowed money from clients, which generally is not allowed in the securities industry.
John James was a financial advisor and registered representative of Merrill Lynch from June 2006 to March 2016. James also worked for Stifel Nicolaus from March 2016 to September 2016. He worked at a branch office in Wayzata, Minnesota. John James was also terminated by both Merrill Lynch and Stifel Nicolaus.
Brokerage firms like Merrill Lynch have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms 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 Denver, Colorado; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Minnesota and throughout the Twin Cities area. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Merrill Lynch.
Click to view: James, John FINRA AWC
Click to view: James, John BrokerCheck 12.29.17
If you lost money with John James or Merrill Lynch, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.