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James Means Received a Complaint for Selling Stock Without Authorization

James Means

Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on January 17, 2018 indicate that Florida-based RBC Capital Markets broker/adviser James Means has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Means (CRD# 714045).

James Means has spent 37 years in the securities industry and has been registered with RBC Capital Markets in Naples, Florida since 1998. Previous registrations include Dain Rauscher Incorporated (1988-1998); the Milwaukee Company (1983-1988); and Smith Barney Harris Upham & Company (1980-1983). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 21, 1999; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 19, 1980; and Series 7 (General Securities Representative Examination), which he obtained on August 16, 1980. He is a registered broker and investment adviser with 12 US states and territories: Arizona, California, Colorado, Florida, Illinois, Massachusetts, Michigan, Minnesota, Montana, Nevada, Tennessee and Wisconsin. He is registered with ten self-regulatory organizations (SROs): BOX Options Exchange LLC, the Chicago Board Options Exchange, FINRA, NYSE American LLC, NYSE Arca, Nasdaq BX, Nasdaq ISE LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.

According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint.

In August 2017 a customer alleged James Means, while employed at RBC Capital Markets, sold stock in BMO Bank without authorization, resulting in a large capital gains tax as well as “lost opportunity” damages. The customer is seeking $150,000 in damages in the pending complaint.

In 1988 a customer alleged James Means executed unauthorized trades. The complaint settled in 1989 for $14,000.

If you or someone you know has a complaint regarding James Means, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.