Garland James Allegedly Fails To Follow Instructions

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Garland James. According to his publicly available FINRA BrokerCheck report, Garland James has been the subject of multiple customer disputes.

Garland James was a New York-based securities broker. He worked in the securities industry for seventeen years. During his career, he was registered with thirteen different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

• Painewebber Incorporated (1994)


• Gruntal & Co. (1994-1998)


• Ladenburg, Thalman & Co. (1998-1999)


• Bishop, Rosen & Co. (1999-2001)


• Gilford Securities Incorporated (2001)


• Brill Securities (2001-2003, 2009)


• Investprivate, Inc. (2003-2004)


• Westrock Advisors, Inc. (2004-2009)


• Hallmark Investments (2009)


• Caldwell International Securities (2011-2012)


• Global Arena Capital Corp. (2014)


• Garden State Securities (2014-2015)

• In February 1999, a customer alleged that Garland James failed to follow instructions.


• In April 1999, Garland James was discharged from his position at Ladenburg Thalman & Co. following allegations that he executed transactions in states where he was not registered.


• Also in April 1999, a customer alleged that Garland James executed unauthorized trades. This case was settled for $5,000 in damages.


• In December 2015, a customer alleged that Garland James executed unauthorized trades and recommended unsuitable investments. This case was settled for $30,000 in damages.


• In December 2015, a customer alleged that Garland James executed unauthorized trades. This case was settled for $4,500 in damages.


• In March 2017, a customer alleged that Garland James churned their account and executed unsuitable transactions. This case went to arbitration where the customer was awarded $50,755 in damages.


• In May 2017, a customer alleged that Garland James provided them with poor advice and failed to follow instructions. This case was settled for $72,000 in damages.


• In March 2018, a customer alleged that Garland James recommended unsuitable investments and breached his fiduciary duty. This case went to arbitration where the customer was awarded $25,000 in damages.

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages. Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Garland James, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher handles cases on a contingency basis, which means there are no fees charged unless we collect for you.