Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Pepperman (Pepperman), currently associated with J. Alden Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pepperman 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 $644,610.00 on November 27, 2023.
James Pepperman was the registered representative for the plaintiff to where the client invested in a private fund. This fund invested a portion of its assets into another private fund in which the portfolio manager was charged by the Securities and Exchange Commission with defrauding investors and who pled guilty to securities fraud and was sentensed to 109 months in prison and ordered to pay $47.2 million in restitution. The senencing date was January 20, 2022.