The Financial Industry Regulatory Authority Inc. (FINRA) has barred JAMES F. ANDERSON (CRD#: 4803514), from acting as a broker or otherwise associating with a broker-dealer firm. Anderson, a former registered representative with Ameritas Investment Corp of Dakota Dunes, South Dakota, was barred following allegations that he failed to take part in an inquiry looking into charges that he engaged in selling away.
According to FINRA, on June 3, 2019, without admitting or denying the findings, Anderson consented to the sanction and to the entry of findings that he allegedly refused to provide FINRA with requested documents and information during the course of an investigation into allegations that Anderson had engaged in the purchase and sale of securities away from his member firm, without the knowledge or approval of the firm.
JAMES F. ANDERSON, according to FINRA’s BrokerCheck, spent his entire 14 year career in the securities industry at Ameritas Investment Corp in Dakota Dunes, South Dakota. Anderson was registered there from 07/29/2004 - 02/11/2019.
In February of 2019, according to BrokerCheck, JAMES F. ANDERSON was discharged from Ameritas Investment Corp following allegations, “Upon conclusion of internal investigation, Registered Representative was found to have engaged in the sales of Indexed Annuities and Promissory Notes away from the firm.”
Also, in January of 2013, there was an allegation on Anderson’s CRD report stating, “During the exam period, Mr. Anderson was found to have sold Indexed Annuities that were not listed on the Firm's approved list. The transactions equaled to an undisclosed outside business activity, to which prompt/prior notice was not given to the Firm.
There is a pending Customer Dispute on JAMES F. ANDERSON’s CRD report dated 4/16/19 alleging, “Claimant alleges unsuitable recommendation to purchase promissory note (selling away).” The damage amount requested is, $400,000.00.
If you’ve experienced financial losses due to the actions or recommendations of former Ameritas Investment Corp of Dakota Dunes, South Dakota, broker, JAMES F. ANDERSON, contact Soreide Law Group an speak to a securities lawyer at no cost regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group works on a contingency fee and represents clients nationwide before FINRA.
The recent Chapter 11 bankruptcy filing by Inspired Healthcare Capital (IHC) has sent shockwaves through the senior living investment community. For many retirees and 1031 exchange participants, what was marketed as a stable, income-producing real estate opportunity has turned into a complex legal battle for recovery. If you invested in an IHC-sponsored Delaware Statutory Trust […]
Soreide Law Group is investigating potential investor claims involving NLCA VA Birmingham Realty DST, particularly where brokers or financial advisors may have improperly recommended this specific Delaware Statutory Trust offering. NLCA VA Birmingham Realty DST is a 1031 exchange investment vehicle that offered investors fractional interests in real estate through a private placement. Although it […]
Investors have reportedly disputed the sales practices of securities broker Nicholas Cross Ignatowski (also known as Nick Ignatowski) [CRD: 2409399, Milwaukee, Wisconsin], based on publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ignatowski worked for LPL Financial LLC from August 20, 2013, to December 31, 2023. Investors are encouraged to continue reading […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com