Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Stephan (Stephan), currently associated with Wedbush Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Stephan recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $874,000.00 on August 11, 2022.
Claimants’ allegations include Unsuitable Investment Recommendations, Breach of Fiduciary Duty and Negligent Misrepresentation on the part of James Stephan during the timeframe of June 2018 through March 2022.