Investors potentially experienced losses because of securities broker Bowman James Nicholson (also known as Bowman J. Nicholson) [CRD: 6050450, Raleigh, North Carolina], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Bowman Nicholson has been employed by Capital Investment Group Inc. and Capital Investment Advisory Services LLC since May 5, 2016. Both firms are based in Raleigh, North Carolina, with an additional office listed in Atlantic Beach. Check out the following information to find out more about Bowman Nicholson’s disclosures, which could impact your investment recovery options.
Particularly, on September 2, 2024, a Capital Investment Group Inc. client filed FINRA Arbitration No. 24-01962 about Bowman Nicholson. The client alleged that Nicholson breached his fiduciary duty, breached a contract and warranties, violated state securities statutes, and committed other violations under common law. These allegations concern Nicholson’s recommendation and sale of GWG L-Bonds, which were considered direct investments. Because of this, the client allegedly sustained damages on direct investments. Therefore, the client requested up to $500,000 in compensation from Capital Investment Group or Nicholson. Evidently, this arbitration is pending a resolution.
A breach of fiduciary duty occurs when a securities broker or financial advisor fails to act in the best interests of their client. In the context of bond investments, this could mean recommending or selling bond products that carry higher risks or commissions not suitable for the investor’s goals or financial situation. Fiduciaries must prioritize the client’s financial well-being, provide full disclosure about risks, and avoid conflicts of interest. If a broker ignores these responsibilities—such as pushing high-yield, risky bonds without proper explanation—they may be liable for investor losses due to this breach.
Are you concerned about your investments with Bowman Nicholson? You can get in touch with Soreide Law Group online or at (888) 760-6552 and talk to a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has helped recovered losses for investors throughout the country, takes cases on a contingency fee basis, and advances all costs. Nicholson and any registered investment advisors / securities broker dealers Nicholson worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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