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James Clark Has Been the Subject of Four Regulatory Sanctions

James Clark

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on April 18, 2018 indicate that Texas-based Worth Financial Group broker/adviser James Clark has received customer disputes and regulatory sanctions. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Clark (CRD# 1225726).

James Clark has spent 34 years in the securities industry and has been registered with Worth Financial Group in Dallas and San Antonio, Texas since 2001. Previous registrations include Oxford Financial Group in Houston, Texas (1999-2003); Rushmore Securities Corporation in Dallas, Texas (1991-1999); Accredited Investors in Dallas, Texas (1986-1999); Anspacher Securities (1985-1986); PBS Securities (1984-1985); and Texas Securities (1984). He has passed five securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 28, 1992; Series 3 (National Commodity Futures Examination), which he obtained on April 19, 1984; Series 7 (General Securities Representative Examination), which he obtained on January 21, 1984; Series 28 (Introducing Broker/Dealer Financial Operations Principal Examination), which he obtained on June 5, 1991; and Series 24 (General Securities Principal Examination), which he obtained on August 15, 1984. He is a registered broker and investment adviser with seven US states: Arizona, Arkansas, Colorado, Kansas, Oklahoma, Texas, and Virginia.

According to his BrokerCheck report, he has received three customer complaints and four regulatory sanctions.

In 2016 a customer alleged James Clark, while employed at Worth Financial Group, recommended unsuitable investments. The complaint, from which he was dismissed, settled in April 2018 for $160,000.

In 2006 the National Association of Securities Dealers sanctioned him in connection to allegations he failed to supervise a representative’s offer of unsuitable securities. He was issued a fine of $10,000 and a 30-day suspension from acting in any principal or supervisory capacity.

In 2012 a customer alleged James Clark, while employed at Worth Financial Group, over-concentrated investments in the account. The complaint resulted in an award to the customer of more than $30,400.

In 1989 a customer alleged James Clark, while employed at Accredited Investors, acted negligently. The complaint resulted in an award to the customer of more than $850.

If you or someone you know has complaints regarding James Clark, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.