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Newbridge broker James Ignatowich Named in Investigation

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Florida-based Newbridge broker James Ignatowich (CRD# 2490731).

James Ignatowich has spent 21 years in the securities industry and has been registered with Newbridge Securities Corporation in Boca Raton, Florida since 2014. Previous registrations include Investors Capital Corporation in Greenwich, Connecticut (2008-2014); Eastbrook Capital Group in New York, New York (2000-2008); Prime Charter in New York, New York (1997-2000); Janney Montgomery Scott in Philadelphia, Pennsylvania (1997); Whale Securities in New York, New York (1996-1997); and Prime Charter in New York, New York (1994-1996).

According to his BrokerCheck report, James Ignatowich is the subject of four customer complaints, one pending regulatory action, and five customer complaints that were closed, denied, or withdrawn.

  • In 2015 James Ignatowich was named in an investigation by the State of New Hampshire into allegations he “initiated” several telemarketing calls to residents on the Federal Trade Commission’s Do Not Call registry. The investigation remains pending.
  • In 2014 a customer alleged James Ignatowich, while employed at Investors Capital, made unsuitable investment recommendations. The customer sought $35,000 in damages in the complaint, which was denied.
  • In 2013 a customer alleged James Ignatowich, while employed at Investors Capital, recommended unsuitablestockfraud-wallstreet investments. The complaint settled for $49,500.
  • In 2006 a customer alleged James Ignatowich, while employed at First Republic Group, executed unauthorized trades. The complaint reached a non-monetary settlement in 2008.
  • In 2006 a customer alleged James Ignatowich, while employed at First Republic Group, made unauthorized transactions. The customer sought $19,646 in damages in the complaint, which was withdrawn.
  • In 2001 a customer alleged James Ignatowich, while employed at Prime Charter, churned the account. The complaint settled in 2003 for $24,000.
  • In 2001 a customer alleged James Ignatowich, while employed at Prime Charter, made unsuitable recommendations, failed to diversify the account, improperly used margin, and executed unauthorized and excessive trades. The complaint settled for $9,999.
  • In 2000 a customer alleged James Ignatowich, while employed at Prime Charter, executed transactions without informing the client. The customer sought $19,860 in damages in the complaint, which was closed.

If you have suffered losses as a result of investments made with James Ignatowich, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: we only receive payment if and when you recover money. You may have a limited window to file your claim, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.