July 2021- Dothan, AL
According to publicly available records James Blake Daughtry (CRD#3272282), a former stockbroker who last worked for Kestra Financial Services, has been permanently barred from FINRA.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In March of 2020, in case #2020065293201, FINRA alleged that Daughtry rerfused to appear for on-the-record testimony requested by FINRA in connection with an invesetigation into potentially fraudulent and unauthorized transactions in customers’ accounts. Daughtry was permanently barred from FINRA as a result.
In July 2020, in Circuit Court of Houston County, AL case #38-CV-2020-900337.00 a Kestra Investment Services customer alleged losses of approximately $232,000 in connection with Daughtry allegedly soliciting clients to open account with a third party registered investment advisor who the SEC found to have been engaged in fraud. This case is still pending.
If you losses in an account handled by James Daughtry that suffered losses, you may be entitled to collect damages from his prior employer. Call to discuss your options.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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