James Stuart is a Missouri based securities broker. He has worked in the securities industry for thirty-seven years. During his career, he has been registered with six different securities firms.
His registrations include; Painewebber Incorporated (1981-1987), E.F. Hutton & Company (1987-1988), Lehman Brothers (1988-1991), Prudential Securities (1991-1994), CIBC Oppenheimer Corp. (1994-1998), and Huntleigh Securities Corporation (1998-Present).
James Stuart’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In October 1994, the estate of a customer alleged unsuitable investment recommendations. This case was settled for $61,540 in damages.
In November 1994, a customer alleged unsuitability and excessive trading against James Stuart. This case was also settled for $61,540 in damages.
In November 1995, a customer alleged unsuitability. This case was settled for $15,000 in damages.
In June 2005, a customer alleged unauthorized trading. This case was settled for $7,500 in damages.
In November 2017, a customer alleged unsuitability, excessive trading, breach of fiduciary duty, common law fraud, failure to adequately disclose associated risks, negligent misrepresentation, breach of contract, and violation of the Missouri Securities Act. This case is currently pending. The customer is seeking $750,000 in 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 Stuart, please contact Oakes & Fosher for a free and private consultation.