WARNING! Investigation of JAMES FONSECA–New York, NY
INVESTOR WARNING! James Fonseca from New York, New York
Have you lost money with financial advisor James Fonseca of New York, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against James L. Fonseca. FINRA barred Fonseca from the securities industry after he allegedly commingled a customer’s funds with his own and deposited the customer’s money in a bank account held by Fonseca and his wife, while working with Rothschild Lieberman. He also allegedly failed to respond to a FINRA investigation.
James Fonseca was a financial advisor and registered representative of Rothschild Lieberman from December 2014 to November 2015. He also worked with Meyers Associates from January 2014 to November 2014 and with Legend Securities from November 2013 to December 2013. He worked at a branch office in New York, New York. Fonseca’s BrokerCheck report discloses that he has one customer complaint on his record.
Brokerage firms like Rothschild Lieberman have the 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 the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York in the past, including investors from the New York City area. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Legend Securities.
Click to view: Fonseca, James FINRA AWC
Click to view: Fonseca, James BrokerCheck 11.28.16
HAVE YOU LOST MONEY WITH JAMES FONSECA OR ROTHSCHILD LIEBERMAN?
Aaron Israels: (720) 599-3505
David Neuman: (206) 795-5798
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.