Investors have come forward with complaints about securities broker Jimmy Driggers AKA James Yang Driggers and Jim Driggers [CRD#: 1359593, Sarasota, FL]. Evidently, the securities broker, who worked for Morgan Stanley Smith Barney, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Morgan Stanley Smith Barney clients allege that Driggers made unauthorized transactions. For more on these disclosures about Driggers, see below.
Morgan Stanley Smith Barney Investor Accuses Jimmy Driggers Of Unauthorized Transactions
Evidently, a Morgan Stanley Smith Barney client filed FINRA Arbitration #: 22-00795 about Jimmy Driggers. Notably, the client alleged that Driggers made unauthorized transactions. Because of this, the client sustained damages on private investments. Therefore, on April 11, 2022, Morgan Stanley Smith Barney was asked by the client for $4M in damages. This matter is ongoing.
Morgan Stanley Smith Barney Investor Accuses Driggers Of Unsuitable Trading
Also, a Morgan Stanley Smith Barney client filed FINRA Arbitration #: 20-02743 about Jimmy Driggers. Namely, the client alleged that Driggers made unsuitable transactions. Because of this, the client sustained damages on hedge funds. Therefore, on August 24, 2020, the client asked Morgan Stanley Smith Barney for $200,000. This matter is ongoing.
Jimmy Driggers Discloses Unsuitable Trading Allegations By Morgan Stanley Client
Evidently, a client of Morgan Stanley contested Jimmy Driggers’ sales practices, according to a complaint dated March 30, 2017. Allegedly, Driggers made unsuitable transactions. Supposedly, the stocks which Driggers sold or recommended had caused the client to sustain damages. Therefore, the client seeks compensatory relief from Morgan Stanley or Driggers in the amount of $64,000 in this ongoing matter.
UBS Financial Services Investor Accuses Driggers Of Misrepresentation
Also, a UBS Financial Services client filed FINRA Arbitration #: 10-03984 about Jimmy Driggers. Notably, the client alleged that Driggers made misrepresentations. Because of this, the client sustained damages. Therefore, on September 20, 2010, a FINRA Arbitration Panel issued an Award ordering UBS Financial Services or Driggers to pay the client $207,000 in compensatory damages.
Jimmy Driggers worked for Morgan Stanley in Sarasota, FL, as a securities broker from June 1, 2009 to May 18, 2021.
Damages Resulting From Morgan Stanley Smith Barney Securities Broker Jimmy Driggers?
Have you suffered damages because of securities broker Jimmy Driggers? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about potentially recovering your investment losses. Soreide Law Group, who has effectively recovered money for investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Driggers and brokerage firms Driggers was employed by deny any and all allegations of sales practice violations.
