Investors potentially experienced sales practice violations by securities broker James Ward Margraf (also known as Jim Margraf) [CRD: 6517554, Springfield, Missouri], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. James Margraf worked for Center Street Securities Inc. from August 22, 2016, to December 1, 2023. See the following information to discover more about the disclosures involving Margraf and the allegations raised by clients.
Center Street Securities Investor Accused Jim Margraf Of Sales Practice Violation
Specifically, on August 2, 2023, a Center Street Securities Inc. client filed FINRA Arbitration No. 23-02133 about James Margraf. Mainly, the client alleged that Margraf made unsuitable recommendations involving an alternative investment. Because of this, the client allegedly incurred damages. Therefore, the client requested $50,000 in compensation from Center Street Securities Inc. or Margraf. BrokerCheck indicates that this arbitration is ongoing.
James Margraf Disclosed Unsuitable Recommendations Allegations By Center Street Securities Client
Additionally, a client of Center Street Securities Inc. disputed James Margraf’s sales practices by filing FINRA Arbitration No. 23-00720 on April 3, 2023. Allegedly, Margraf gave unsuitable advice to the client. It appears that Margraf allegedly caused the client to incur damages on corporate bonds. As a result, the client seeks compensation from Center Street Securities Inc. or Margraf in the amount of $100,000 in this ongoing matter.
Did You Invest Through Financial Advisor / Securities Broker Jim Margraf?
Did you experience losses because of James Margraf? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities lawyers work on a contingency fee basis and advance all costs. Margraf and brokerage firms Margraf worked for deny allegations of sales practice violations.
