Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Groves (Groves), previously associated with Pnc Investments, has at least one disclosable event. These events include one customer complaint, alleging that Groves recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,500,000.00 on March 10, 2026.
CLAIMANTS ALLEGE UNSUITABLE INVESTMENTS, FAILURE TO ACT IN BEST INTERESTS OF CLAIMANTS, FAILURE TO PERFORM PROPER DUE DILIGENCE, MISREPRESENTATIONS AND OMISSIONS, BREACH OF FIDUCIARY DUTY, BREACH OF CONTRACT, NEGLIGENCE, VIOLATION OF THE INVESTMENT ADVISERS ACT OF 1940, AND ELDER ABUSE RELATED TO CLAIMANTS INVESTMENTS IN VARIOUS VARIABLE ANNUITIES AND ALTERNATIVE INVESTMENT PRODUCTS PURCHASED BETWEEN JUNE 2023 AND FEBRUARY 2025.