Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that California-based Purshe Kaplan Sterling broker/adviser James Casey is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Casey (CRD# 1791115).
Stockbroker James Casey has spent 27 years in the securities industry and has been registered with the following firms: Purshe Kaplan Sterling Investments in Palm Springs and Palm Desert, California since 2010. Previous registrations include BCG Securities in Marina Del Ray, California (2005-2010); Waterstone Financial Group in Boston, Massachusetts (1996-2005); American Medical Investment Company (1994-1996); AMA Investment Advisors in Chicago, Illinois (1990-1994); American Express Financial Advisors in Minneapolis, Minnesota (1989-1990); IDS Life Insurance Company in Minneapolis, Minnesota (1989-1990); and Integrated Resources Equity Corporation (1988-1989). He is a registered broker and investment adviser with ten US states and territories: Alaska, Arizona, California, Florida, Idaho, Nevada, New Mexico, New York, North Dakota, and Oregon.
According to his BrokerCheck report, James Casey is the subject of one pending customer complaint.
In February 2015 a customer alleged James Casey, while employed at Purshe Kaplan Sterling Investments, “used her funds without her knowledge to invest in film production and marketing.” The customer is seeking unspecified damages in the pending complaint.
Both FINRA Rules and federal securities law prohibit financial professionals like James Casey are prohibited from executing transactions without a customer’s permission or authorization. There are some exceptions, including discretionary accounts and, in certain circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who execute unauthorized trades may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you have lost money investing with James Casey, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup your losses. All cases are taken on contingency, which means Fitapelli Kurta only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.
All information and facts in this article are based on publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on March 8, 2016.