Investors reportedly complained about securities broker James Stafford Morrison (also known as Jim Morrison) [CRD: 1254375, Waco, Texas], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Morrison worked for Kestra Investment Services LLC from October 6, 2003, to April 4, 2025. Read below to discover more about the disclosures concerning Morrison.
Kestra Investment Services Client Accused Jim Morrison Of Unsuitable Recommendations
Evidently, on June 17, 2025, a Kestra Investment Services LLC client filed FINRA Arbitration No. 25-01250 about James Morrison. The client alleged that Morrison made unsuitable recommendations. Because of this, the client allegedly sustained damages connected to direct investments and oil and gas investments. As a result, the client requested $450,000.00 in compensation from Kestra Investment Services LLC or Morrison. This arbitration is pending a resolution.
James Morrison Disclosed Unsuitable Recommendations Allegations By Kestra Investment Services Client
Specifically, a client of Kestra Investment Services LLC disputed James Morrison’s sales practices by bringing FINRA Arbitration No. 22-02841. Allegedly, Morrison gave unsuitable advice and Kestra failed to perform due diligence on oil and gas investments and direct investments. For this reason, Kestra Investment Services LLC agreed to settle the matter on March 5, 2024, by paying $150,000.00.
Have You Made Investments Through Securities Broker Jim Morrison?
Are you concerned regarding investments you made with James Morrison? You should reach out to Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney about a possible recovery of your investment losses. Soreide Law Group helps to recover losses for clients throughout the country. The firm also works on a contingency fee basis and advances all costs. Morrison and brokerage firms Morrison worked for deny all allegations referenced in public disclosures.
