Goodman & Nekvasil P.A., May Recover Investor Losses | James Austin King III (Jim King), Licensed Financial Advisor
Jim King has been licensed with Commonwealth Financial Network since 2003. FINRA reports that 3 arbitration claims were filed involving Jim King’s conduct with Commonwealth Financial Network, these claims alleged fraud, unsuitability, breach of contract, negligence, negligent misrepresentations, breach of North Carolina Blue Sky laws; breach of North Carolina’s Unfair and Deceptive Trade Practices Act; strict liability, failure to supervise, omission of facts and/or breach of fiduciary duty. The customers in these 3 arbitration claims were awarded $580,000, $129,132.75 and $127,925 respectively.
FINRA reports that two arbitration claims involving Jim King’s conduct are currently pending, alleging that Jim King encouraged clients to retire early and promised inflated rate of return. These two arbitration claims are pending and seek 2,520,000 and $640,000 respectively.
If you lost any money on investments with Jim King, you may be able to recover your losses from Commonwealth Financial Network. This is because Commonwealth Financial Network has a duty to supervise Jim King.
If you lost money on investments with Jim King 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 against Commonwealth Financial Network concerning Jim King’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 approximately $180 million on behalf of victimized investors. If you lost money on investments with Jim King 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.