Investors potentially incurred losses because of securities broker James Edward Van Meter (also known as James Edward VanMeter) [CRD: 4557517, Reno, Nevada], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Van Meter worked for Center Street Securities Inc. from August 15, 2013, to May 2, 2023, Center Street Advisors Inc. from April 7, 2015, to May 2, 2023, and Cabin Securities Inc. from May 9, 2023, to January 22, 2024. He joined Realta Equities Inc. beginning January 23, 2024, and Realta Investment Advisors Inc. beginning January 26, 2024. Investors are encouraged to continue reading to discover more about the disclosures involving Van Meter.
Center Street Securities Investor Accused Van Meter Of Unsuitable Recommendations
Specifically, on June 19, 2023, a Center Street Securities Inc. client filed FINRA Arbitration No. 23-01762 about James Van Meter. Primarily, the client alleged that Van Meter made unsuitable recommendations involving alternative investments. For this reason, the client allegedly sustained damages. Consequently, the client requested $234,000 in compensation from Center Street Securities Inc. or Van Meter. BrokerCheck shows that this arbitration is awaiting a resolution.
James Van Meter Disclosed Unsuitable Advice Allegations By Center Street Securities Client
Also, a client of Center Street Securities Inc. contested James Van Meter’s sales practices by filing FINRA Arbitration No. 22-01339. Allegedly, Van Meter gave unsuitable advice to the client about alternative investments beginning in 2020. It appears that Van Meter allegedly caused the client to sustain damages. Therefore, Center Street Securities Inc. agreed to settle the matter on September 30, 2023, by compensating the client in the amount of $47,500.
Were You Impacted By Financial Advisor / Securities Broker Van Meter?
Do you need guidance on any investment losses relating to James Van Meter? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the US. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Van Meter and brokerage firms Van Meter worked for deny allegations of sales practice violations.
