James Kujawski Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Goodman & Nekvasil P.A., May Recover Investor Losses | James Kujawski Financial Advisor Suspended from Securities Industry
James Kujawski is a licensed financial advisor with Ameriprise Financial Services, Inc. James Kujawski was previously licensed with UBS Financial Services, Inc. FINRA reports that James Kujawski was discharged from UBS Financial Services, Inc. on February 20, 2018. UBS Financial Services, Inc. reported to FINRA that James Kujawski was discharged for alleged continued failure to disclose some of James Kujawski’s outside activities/outside business investments.
James Kujawski was suspended from the securities industry on August 23, 2018. FINRA reports that that James Kujawski consented to the sanctions and to the entry of findings that James Kujawski engaged in a private securities transaction by facilitating the repurchase of a call option between two individuals, neither of whom were customers at James Kujawski’s member firm. The findings stated that one of the customers requested that James Kujawski help facilitate the repurchase of the option for a percentage of the sale price. James Kujawski agreed, but did not disclose the arrangement to his firm or seek approval as required until many years later. According to FINRA, James Kujawski participated in the repurchase of the option by introducing a commercial lender to participate in the transaction, attending meetings with the parties, reviewing draft sale contracts and providing comments, and accepting $73,444.90 in compensation for his participation. The findings also stated that James Kujawski never disclosed the purchase or sale of a restaurant to his firm or sought approval for this outside business as required by the firm. According to FINRA, James Kujawski purchased a restaurant, hired an architect and obtained a liquor license with the intention of opening the restaurant for business. According to FINRA, James Kujawski also filed articles of incorporation and became the registered agent for the business. According to FINRA, James Kujawski sold the restaurant to his business partner before it opened.
If you lost any money on investments you may be able to recover your losses from Ameriprise Financial Services, Inc. and/or UBS Financial Services, Inc. This is because Ameriprise Financial Services, Inc. and UBS Financial Services, Inc. had a duty to supervise James Kujawski.
If you lost money on investments with Ameriprise Financial Services, Inc. and/or UBS Financial Services, Inc. and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Ameriprise Financial Services, Inc. and/or UBS Financial Services, Inc. concerning James Kujawski conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with James Kujawski and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.Back to Blogs