John James – John M. James, Barred from Securities Industry, Formerly Licensed with Stifel, Nicolaus & Company, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated – Goodman & Nekvasil P.A., May Recover Investor Losses
John James was licensed with Stifel, Nicolaus & Company, Inc. from March 2016 to September 2016. John James was previously licensed with Merrill Lynch, Pierce, Fenner & Smith Incorporated from 2016 until 2016. John James resigned from Merrill Lynch, Pierce, Fenner & Smith Incorporated on March 2, 2016. Merrill Lynch, Pierce, Fenner & Smith Incorporated reported to FINRA that John James allegedly engaged in undisclosed outside business activity/private investments and borrowing money from clients.
John James was barred from the securities and investment banking industry on December 27, 2017. FINRA reports that John James consented to the sanction and to the entry of findings that John James refused to appear for FINRA on-the-record testimony related to a Form U5 filed by his member firm reporting that he resigned while under internal review for engaging in undisclosed outside business activity, private investments, and borrowing money from clients.
If you lost any money on investments with John James, you may be able to recover your losses from Stifel, Nicolaus & Company, Inc. and/or Merrill Lynch, Pierce, Fenner & Smith Incorporated. This is because Stifel, Nicolaus & Company, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated had a duty to supervise John James.
If you lost money on investments with John James 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 Stifel, Nicolaus & Company, Inc. and/or Merrill Lynch, Pierce, Fenner & Smith Incorporated concerning John James’ 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 John James 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.