The Financial Industry Regulatory Authority, Inc. (FINRA), according to news reports, has ordered RBC CAPITAL MARKETS to pay an 80 year-old client more than $50,000 following a FINRA arbitration panel ruling that the US broker/dealer of the Royal Bank of Canada violated FINRA rules and the laws of Florida.
The FINRA arbitration panel ruled in favor of the client, an 80 year-old retired secretary, who claimed that JAMES MICHAEL EARL (JIM EARL, JAMES EARL) CRD#: 1234987, a broker at RBC CAPITAL MARKETS in Ft. Lauderdale, Florida, allegedly assured her that her irreplaceable retirement funds were in solid investments. However, her money was allegedly placed in high-risk unsecured senior notes in two oil and gas companies, Linn Energy and BreitBurn Energy Partners.
The FINRA panel ordered RBC CAPITAL MARKETS to pay $50,000 plus 6.1% interest from May of 2016, all lawyers’ fees, and the FINRA filing fee, according to news reports.
According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website, James Earl, has 4 Disclosures on his CRD report, 1 is a Regulatory, and 3 are Customer Disputes. James Earl has been registered in the securities industry for 35 years and has been listed with 7 firms. He has been registered with the following firm since 10/9/2009:
RBC CAPITAL MARKETS, LLC
500 EAST BROWARD BLVD SUITE 2200
FORT LAUDERDALE, FL 33394-3000
If you’ve suffered losses due to the actions or recommendations of RBC CAPITAL MARKETS and/or JAMES EARL of Ft. Lauderdale, Florida, contact Soreide Law Group, conveniently based in Pompano Beach, Florida, 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 will represent you nationwide before FINRA and operates on a contingency fee basis—no fee to you if no recovery.
JOSEPH KELLY (JOE KELLY) has been registered as a broker with VCS VENTURE SECURITIES of New York, NY since 6/17/2026. He was previously registered with SPARTAN CAPITAL SECURITIES LLC of New York, NY from 01/13/2017 - 12/18/2024. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOSEPH KELLY has 21 years of experience […]
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTAURUS FINANCIAL, INC (Respondent). The Claimants reside in Arizona and are retired. The Claimants were seeking stable investments that would provide them with income. The lawsuit states that the Claimants have a long-standing relationship with CENTAURUS FINANCIAL and its Financial Advisor, […]
Soreide Law Group is investigating potential investor claims involving DCM US Multi-Family Homes PLC notes sold or recommended through Andbanc Brokerage LLC. They are also investigating sales or recommendations through Andbanc Advisory LLC. Additionally, they are reviewing sales or recommendations through BCI Securities, Inc., Boreal Capital Securities, LLC (also known as Mora Capital Securities), and […]
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