JAMES POINDEXTER Has An Investor Complaint – May Recover Investor Losses

JAMES POINDEXTER Has An Investor Complaint– Goodman & Nekvasil, P.A. May Recover Investor Losses

MCDERMOTT INVESTMENT SERVICES, LLC broker, JAMES POINDEXTER Has An Investor Complaint.

JAMES MICHAEL POINDEXTER
CRD#: 1867899
JAMES MICHAEL POINDEXTER (CRD#: 1867899), a broker for MCDERMOTT INVESTMENT SERVICES, LLC in Prescott, AZ has a pending investor complaint.  According to POINDEXTER’s FINRA BrokerCheck report, the claimants are requesting $624,000.00 for alleged damages.
The claimant has made various allegations and legal claims related to suitability and due diligence with respect to 3 DSTs. Allegations also include breach of fiduciary duty, negligence, misrepresentations, omissions, failure to supervise and breach of contract, according to information available on Poindexter’s CRD.
The claimant is requesting $624,000.00 for alleged damages.

Broker Comment:

Representative denies any wrongdoing. Claimants are experienced real estate investors who were actively involved in making and monitoring their investments. Claimants also acknowledged receipt of important disclosures related to their DST investments. Claimants’ allegations are meritless and Firm and Representative intend to defend themselves vigorously.

Investors who feel they have been harmed by investment advice or have suffered financial losses are encouraged to contact the securities attorneys at Goodman & Nekvasil, P.A. to have their accounts reviewed and to determine whether they may be entitled to recover losses through FINRA arbitration.

Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser. 

MCDERMOTT INVESTMENT SERVICES, LLC broker, JAMES POINDEXTER Has An Investor Complaint.

MCDERMOTT INVESTMENT SERVICES, LLC broker, JAMES POINDEXTER Has An Investor Complaint.

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.

We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 4/15/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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