DID JAMES R. KIRCHNER CAUSE YOU INVESTMENT LOSSES?
James R. Kirchner Formerly with Cabot Lodge Securities, LLC And David A. Noyes & Co. Has 8 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years
Who is James R. Kirchner formerly with Cabot Lodge Securities LLC and David A. Noyes & Co.?
James Kirchner (CRD #2852217) was formerly registered with Cabot Lodge Securities, LLC and located in Chicago, Illinois is a subject of one of our many securities industry sales practice abuse investigations.
Prior to Cabot Lodge Securities, LLC, James Kirchner was associated with IFS Securities and David A. Noyes & Company and 2other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
David A. Noyes & Company Broker Misconduct
In his career, James Kirchner has been the subject of 10 customer complaints that we know about, 8 of those complaints were filed in the last two years against Jane Kirchner’s former employer, David A. Noyes to recover investment losses. One of the customer complaints proceeds to arbitration resulted in an Award in favor of the customer.
Five of James Kirchner’s 10 customer complaints were settled in favor of investors. There are currently three pending customer complaints filed against James Kirchner’s former employer David A. Noyes for investment losses caused by his alleged misconduct.
Allegations Against James Kirchner
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- The customer alleged that alternative investments recommended by James Kirchner were unsuitable investment recommendations.
- Customers alleged that James Kirchner’s recommendation that they invest in private placements were unsuitable investment recommendations.
- The claimant alleged that James Kirchner did not explain the nature, mechanics, or risks of a margin account and, consequently, the unexpected losses he suffered upon forced liquidations due to margin calls.
- Claimants in 3 separate arbitrations alleged that alternative investment recommendations made by James Kirchner or unsuitable investment recommendations.
James Kirchner Red Flags & Your Rights as An Investor
Of course, James Kirchner 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 Kirchnerat Cabot Lodge Securities, LLC, IFS Securities, and David A. Noyes & Company on alert to review carefully the activity and performance of their accounts and question whether James Kirchnerhas engaged in any stockbroker misconduct that may have caused them investment losses.
The large number of customer complaints at David A. Noyes & Company about James Kirchner also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Cabot Lodge Securities LLC, IFS Securities, And David A. Noyes & Co.
If you have questions about Cabot Lodge Securities, LLC, IFS Securities, David A. Noyes & Company and/or James Kirchnerand 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.
Rate this Post
Loading...