The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker James Means. According to his publicly available FINRA BrokerCheck report, James Means has been the subject of multiple customer disputes over the course of his career.
James Means is a Florida based securities broker. He has worked in the securities industry for thirty-nine years. During his career, he has been registered with five different securities firms.
His Registrations
- Smith Barney (1980-1983)
- The Milwaukee Company (1983-1988)
- Dain Rauscher Incorporated (1988-1998)
- RBC Capital Markets (1998-2019)
- Wilmington Capital Securities (2019-Present)
The Allegations
- In June 1988, a customer alleged that James Means engaged in unauthorized trading. This case was settled for $14,000 in damages.
- In August 2017, a customer alleged that James Means sold BMO Bank stock, resulting in a very large capital gains tax. The customer also alleged that they experienced lost opportunities and engaged in unauthorized trading. This case was settled for $24,900 in damages.
Oakes & Fosher Can Help
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 James Means, please contact Oakes & Fosher for a free and private consultation.
