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James Hopkins Has Regulatory Sanction and Outstanding Lien

James HopkinsPublic records published by the Financial Industry Regulatory Authority (FINRA) on July 27, 2016 indicate that Florida-based Dawson James Financial broker James Hopkins is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hopkins (CRD# 2688074).

James Hopkins has spent 11 years in the securities industry and has been registered with Dawson James Securities in Boca Raton, Florida since 2014. Previous registrations include Sky Capital, which has since been expelled by FINRA, in New York, New York; Viewtrade Financial in Boca Raton, Florida; SAL Investment Services in Birmingham, Alabama; Sterling Financial Investment Group, which has since been expelled by FINRA, in Boca Raton, Florida; the Thornwater Company in New York, New York; Prime Charter in New York, New York; Shamus Group; and Roan Capital Partners in New York, New York. He is a registered broker with six US states: California, Florida, Illinois, New York, Pennsylvania, and Utah.

According to his BrokerCheck report, James Hopkins has received one customer complaint, one pending customer complaint, and one regulatory sanction.

In December 2015, a customer alleged James Hopkins, while employed at Dawson James, misrepresented material facts related to an investment. The customer is seeking $499,950 in damages in the pending complaint.

In 2007, the Internal Revenue Service filed a tax lien totaling $6,201.48 against James Hopkins. The lien remains outstanding.

In 2004, a customer alleged James Hopkins, while employed at the Thornwater Company, misrepresented material facts. The complaint settled for $130,000.

In 2002, the Utah Division of Securities sanctioned James Hopkins following allegations he misrepresented himself as the president of the Thornwater Company when he was not, and engaged in dishonest and unethical business practices. He was issued a fine of $7,500 and agreed never to license in Utah.

Federal securities law prohibits brokers like James Hopkins from making untrue or false statements that can mislead their clients, an act which is known as “misrepresentation.” Nor can they omit material facts regarding an investment, or the effect that an investment could have on the client’s finances. A “material fact” is a piece of information that would be a significant consideration for a reasonable investor in making a decision about an investment. Brokers and investment advisers who misrepresent material facts may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.

If you have lost money investing with James Hopkins, you may be entitled to recoup 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, which means we 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.