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 client (Claimant) against: MARK JEFFREY GRANT, B. RILEY WEALTH MANAGEMENT, and COLLIERS SECURITIES, LLC. (Respondents) The Claimant is in her seventies, retired, and living in Florida. She made the following claims against the Respondents, MARK JEFFREY GRANT (GRANT, MARK J GRANT), B. RILEY […]
FINRA fined securities broker Jennifer Lillian Basey (also known as Jennifer Lillian Hilliard) [CRD: 4730054, McDonough, Georgia], and investors complained about her, based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hilliard worked for Stifel Nicolaus from January 13, 2020, through November 24, 2023, Edward Jones from January 13, 2004, through December […]
FINRA suspended securities broker Clayton Kwok Shum [CRD: 4412927, Burlingame, California], and one or more investors complained about him, given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Shum worked for Grove Point Investments LLC from December 1, 2020, to January 12, 2023, and Grove Point Advisors LLC from April 1, 2021, to January […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com