Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Hiles (Hiles), previously associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Hiles recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $150,000.00 on December 02, 2021.
Client who granted written discretion asserted advisor sold shares of former employers highly volatile stock at an inopportune time. \, Advisor denies any wrongdoing and believes he acted at all times in the clients best interests and in accordance with the operative advisory agreement.