New York-based Salomon Whitney Financial broker James Flower is the subject of several settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Flower (CRD# 2817701).
James Flower has spent eighteen years in the securities industry and has been registered with the following companies: Salomon Whitney Financial in Farmingdale, New York since December 2015. Previous registrations include Laidlaw & Company in Melville, New York; Global Arena Capital in Melville, New York; Prestige Financial Center in Melville, New York; Brookstone Securities in Garden City, New York; Obsidian Financial Group in Woodbury, New York; Westrock Advisors in Woodbury, New York; JP Turner & Company in Garden City, New York; Westrock Advisors in New York, New York; Granite Associates in Delray Beach, Florida; Continental Broker-Dealer in Carle Place, New York; Harrison Securities in Port Washington, New York; Whitehall Wellington Investments in Port Washington, New York; Tasin & Company in Hauppage, New York; Duke & Company in New York, New York; and Gaines Berland in Bethpage, New York. Of his former employers, eight have since been expelled by FINRA: Global Arena Capital, Prestige Financial Center, Brookstone Securities, Obsidian Financial Group, Westrock Advisors, Continental Broker-Dealer, Harrison Securities, and Tasin & Company. Mr. Flower is a registered broker in nineteen US states.
According to his BrokerCheck report, James Flower is the subject of two customer complaints and one pending customer complaint.
In September 2015 a customer alleged James Flower, while employed at Global Arena Capital and Laidlaw & Company, recommended unsuitable investments, excessively used margin, engaged in churning, and over-concentrated investments. The customer is seeking $250,000 in damages in the pending complaint.
In September 2015 a customer alleged James Flower, while employed at Laidlaw & Company, recommended unsuitable investments and engaged in churning. The complaint settled in November 2015 for $45,000.
In 2010 a customer alleged James Flower, while employed at Prestige Financial Center, misrepresented the use of margin, failed to execute a stop loss order, and misrepresented the costs and risks associated with an exchange-traded fund. The complaint settled in 2011 for $67,500, to which Mr. Flower individually contributed $67,500.
If you have lost money investing with James Flower, you may be entitled to recover 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 contingency, which means we only get paid if and when you collect money. You may have a limited window to file your claim, so we recommend you 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.