James Hocker – Complaint Filed by SEC Alleging Fraud

James Hocker – Complaint Filed by SEC Alleging Fraud | Goodman & Nekvasil P.A. May Recover Investor Losses


From at least 2010 through 2017, James Hocker engaged in a fraudulent investment scheme, in which he falsely promised retail investors that he would invest their funds and achieve guaranteed returns of between 10% and 30%. In fact, James Hocker did not invest any of the funds but instead misappropriated the money and used it for his personal living expenses and to make payments to other investors.

During the period of July 2013 through October 2017, James Hocker raised approximately $1.27 million from about 25 investors by offering and selling them securities. He induced them to invest by way of lies, false and misleading promises and assurances, and other deceptive conduct. James Hocker preyed primarily on older investors without significant investment experience, at times encouraging them to withdraw money from their life insurance policies or retirement accounts to invest in the purported investment opportunity that he presented. James Hocker received investor checks and deposited them into one of three bank accounts that he controlled.

Instead of investing the investors’ money as he had represented, James Hocker used the majority of the funds for his own personal living expenses. For example, he misappropriated investor funds to pay for restaurant and casino expenses, to pay his credit card bills, and to pay spousal support to his ex-wife. None of these expenditures were disclosed to or approved by investors.

By engaging in the conduct described in this Complaint, James Hocker violated the antifraud provisions of the federal securities laws, Section 17(a) of the Securities Act of 1933 (“Securities Act”) [15 U.S.C. § 77q(a)], Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) [15 U.S.C. § 78j(b)], and Rule 10b-5 [17 C.F.R. § 240.10b-5] thereunder, and unless restrained and enjoined will engage in further violations of these provisions.

The Commission seeks an order enjoining James Hocker from further violations, requiring James Hocker to disgorge his ill-gotten gains plus prejudgment interest, and imposing monetary penalties.

Investors with James Hocker May Recover their Losses with Goodman & Nekvasil, P.A.

If you invested in with James Hocker Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 million dollars on behalf of victimized investors. 

All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years. 

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.

If you incurred investment losses with James Hocker 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.

Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

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