James Andrew Geake (Jim Geake) – Customer Disputes Filed Alleging Sales Practice Violations Against Financial Advisor/Broker Jim Geake | Goodman & Nekvasil P.A., May Recover Investor Losses
Jim Geake is a currently registered financial advisor/broker with Madison Avenue Securities LLC. According to Jim Geake’s BrokerCheck Report, since the beginning of 2018, four customer disputes have been filed alleging sales practice violations against Jim Geake.
Customer Dispute (7/16/19): Allegations include unsuitable investments, breach of fiduciary duty, negligence and misrepresentation in the sale of alternative investments. This customer dispute was settled for $17,500.
Customer Dispute (4/11/19): Client was unhappy with the performance of alternative investments. Firm offered $10,000 to settle complaint, which was declined. Client filed arbitration and Firm offered $12,500 to settle, which was accepted. Settlement agreement has been executed and matter is being closed.
Customer Dispute (9/7/18): On 9/7/2018 client filed a complaint against broker dealer for the sale of an alleged unsuitable investment. This customer dispute was settled for $14,900.
Customer Dispute (4/27/18): Claimant alleges issues pertaining to suitability misrepresentations related to alternative investment and FIA contracts. RR Is not named a respondent in this matter. This customer dispute was settled for $155,000 in damages.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost any money on investments with Jim Geake, you may be able to recover your losses. If you lost money on investments with Jim Geake and believe that 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 concerning Jim Geake’s 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.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Jim Geake 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.
Some of the information in this blog post was obtained on 10/22/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.