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Stifel Nicolaus broker/adviser James Springer: Complaints

James SpringerThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Florida-based Stifel Nicolaus broker/adviser James Springer (CRD# 2535792).

James Springer has spent twenty years in the securities industry and has been registered with Stifel Nicolaus & Company in Sarasota, Florida since 2014. Previous registrations include UBS Financial Services in Sarasota (2002-2014); Huntington Investment Company in Columbus, Ohio (1998-2002); NationsBanc Investments in Boston, Massachusetts (1998); Barnett Investments in Jackson, Florida (1997-1998); and First Union Brokerage Services in Charlotte, North Carolina (1994-1997). Mr. Springer is a broker and investment adviser registered in 21 US states and territories.

According to his BrokerCheck report, James Springer is the subject of sixteen customer complaints, two pending customer complaints, and was discharged from UBS Financial Services.

In 2015 a customer alleged James Springer, while employed at UBS Financial Services, provided “nonspecifics” when questioned about account-related fees. The complaint settled for more than $58,000.

In 2015 a customer alleged Mr. Springer, while employed at UBS Financial Services, recommended an unsuitable investment and provided careless advice. The customer is seeking unspecified damages in the pending complaint.

In 2015 a customer alleged James Springer, while employed at UBS Financial Services, misrepresented and recommended an unsuitable investment in hedge funds and life insurance. The customer is seeking $1,500,000 in damages in the pending complaint.

In 2014 James Springer was terminated from his position at UBS Financial Services following allegations he “caused” corporate credit card charges “to be characterized inaccurately” such that he would be reimbursed funds set aside from his pre-tax earnings.

In 2014 a customer alleged James Springer, while employed at UBS Financial Services, failed to provide a “straight answer” with respect to account-related fees. The complaint settled in 2015 for more than $33,500.

In 2014 a customer alleged James Springer, while employed at UBS Financial Services, was not “upfront” with regard to account-related fees. The complaint settled in 2015 for $164,000.

In 2014 a customer alleged the he did not accurately portray account-related fees. The complaint settled for more than $197,000.

In 2014 a customer alleged James Springer misrepresented account-management fees. The complaint settled for more than $50,400.

In 2010 a customer alleged James Springer, while employed at UBS Financial Services, recommended an unsuitable investment and failed to follow an order to sell. The complaint settled for $80,000.

In 2010 a customer alleged James Springer, while employed at UBS Financial Services, misrepresented material facts related to an investment, recommended an unsuitable investment, failed to diversify the account, and over-concentrated the account. The complaint settled for $200,000.

If you have complaints regarding James Springer, 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: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.