Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker James Gustafson (Gustafson), previously associated with Fordham Financial Management, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Gustafson concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $50,000.00 on July 23, 2021.
In early summer of 2015 claimant alleges excessive trading, unauthorized traind and breach of fiduciary duties took place in his account by his registered representative at the time.