DID JAMES EDWARD MCARTHUR CAUSE YOU INVESTMENT LOSSES?
James McArthur Formerly With IBN Financial Services, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct
About James McArthur formerly with IBN Financial Services, Inc.?
James McArthur (CRD #2797856) has extensive experience in the financial services industry, evidenced by his numerous registrations with various firms over the years. He has passed one principal/supervisory exam, three general industry/product exams, and two multi-state securities law exams. McArthur was previously registered with several firms, including IBN Financial Services, Inc., Traderfield Securities Inc., and American Portfolios Financial Services, Inc., indicating a varied career across different organizational environments. His career has seen him registered in several U.S. states, demonstrating a broad geographic spread of his professional activities.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
James McArthur Customer Complaints and Reviews
James McArthur’s professional record includes several negative disclosures:
- Civil Event (1 incident): Initiated by the SEC, alleging involvement in an unregistered securities offering that raised significant sums from investors.
- Customer Disputes (5 incidents): These include claims of sales of unregistered securities, negligence, breach of contract, and other sales practice violations, with alleged damages ranging significantly across different cases.
- Termination (1 incident): McArthur was permitted to resign from IBN Financial Services, Inc. due to allegations of unlawfully offering and selling securities in connection with a large, unregistered offering.
Allegations Against James McArthur
- Allegations Against James McArthur
- Civil Allegations: Involvement in an unregistered securities offering related to promissory notes that purportedly raised over $75 million, involving violations of federal securities laws.
- Customer Complaint Allegations: These range from negligence to the sale of unregistered securities, with significant financial implications, and alleged damages totaling millions of dollars.
- Termination Allegations: Linked to the sale of securities in a purportedly fraudulent scheme involving a lending company, leading to his resignation under adverse circumstances.
James McArthur Red Flags & Your Rights As An Investor
Of course, James McArthur did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of James McArthur at IBN Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether James McArthur has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at IBN Financial Services, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At IBN Financial Services, Inc. Due To James McArthur
If you have questions about IBN Financial Services, Inc. and/or James McArthur and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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