JAMES CORNELIUS BYLENGA (JAMES C BYLENGA) CRD#: 705143, of Kalamazoo, Michigan, was barred by the Financial Industry Regulatory Authority Inc. (FINRA) from acting as a broker or otherwise associating with a broker-dealer firm on April 5, 2019.
According to the FINRA report, without admitting or denying the findings, JAMES C BYLENGA consented to the sanction and to the entry of findings that he refused to produce documents and information requested by FINRA during the course of an investigation. The investigation began after his former member firm amended his Form U5 reporting that it had initiated an internal review to determine if Bylenga received loans from his clients while associated with the firm.
JAMES C BYLENGA was with LPL FINANCIAL in Portage, Michigan, from 2016 until he was allegedly discharged in August 2018 because of "concerns over his advisory fee structure," reported FINRA.
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JAMES C BYLENGA, also has a settled “Customer Dispute” on his report dated 11-27-18. The allegations were, “Personal representative of the customers allege that their funds were inappropriately received by the FA (Financial Advisor) as loans.” The damage amount requested was, $175,000.00. The settlement amount was, $210,000.00.
JAMES C BYLENGA was in the securities industry for 38 years and was listed with 6 firms, the most recent listed below:
06/29/2016 - 08/23/2018 LPL FINANCIAL LLC - PORTAGE, MI
12/22/2009 - 04/28/2016 COMERICA SECURITIES - KALAMAZOO, MI
10/19/2007 - 12/23/2009 ROBERT W. BAIRD & CO INC - KALAMAZOO, MI
If you’ve experienced losses due to the recommendations or actions or JAMES C BYLENGA, formerly of LPL Financial of Portage, Michigan, contact Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA. We operate on a contingency fee basis, no fee to you if no recovery.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: GREAT POINT CAPITAL, LLC, (GREAT POINT) and their former registered representative, SUSAN JANE GITT (SUSAN J GITT, SUSAN JANE SCHULTZ) (Respondents). The Claimants are retired and live in Florida. The lawsuit states that the Claimants were looking for conservative income-generating […]
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
Phone:
Fax: 1-954-760-6553
Email: [email protected]