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Jimmy Makris Receives Multiple Complaints Regarding Suitability

By April 4, 2019 No Comments

Jimmy Makris was a Florida based securities broker. He worked in the securities industry for twenty-seven years. During his career, he was registered with seven different securities firms.

His registrations included; Argus Securities (1987), Kanon Bloch Carre & Co. (1989-1990), Merrill Lynch (1990-1991), Dean Witter Reynolds (1991-1993), Continental Capital Investment Services (1993-2003), Berthel, Fisher & Company (2003-2007), and Calton & Associates (2007-2017). He is no longer working as a registered securities broker in any fashion.

Jimmy Makris’ publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.

In January 2014, a customer alleged that Jimmy Makris breached his fiduciary duty. The customer also alleged misrepresentation and unsuitability. The alleged transgressions taking place between 2007 and 2012. This case was settled for $45,000 in damages.

In December 2016, a customer alleged misrepresentation, unauthorized trading, and unsuitability. This case was settled for $47,610 in damages.

In March 2017, a customer alleged negligence. This case is currently pending. The customer is seeking an undisclosed amount in damages.

In July 2018, a customer alleged unsuitability, breach of contract, common law fraud, and breach of fiduciary duty. This case was settled for $37,712 in damages.

In January 2019, a customer alleged unsuitability against Jimmy Makris. This case is currently pending. The customer is seeking $584,438 in damages.

Jimmy Makris received another suitability complaint in February 2019. This case is also currently pending. The customer, in this case, is seeking $250,271 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 Jimmy Makris, please contact Oakes & Fosher for a free and private consultation.