DID JAMES LEBARON SPRINGER CAUSE YOU INVESTMENT LOSSES?
James Springer Of Stifel, Nicolaus & Company, Incorporated Has 4 Customer Complaints For Alleged Broker Misconduct
About James Springer of Stifel, Nicolaus & Company, Incorporated?
James Springer (CRD #2535792) is currently registered with Stifel, Nicolaus & Company, Incorporated in Sarasota, Florida, having joined on August 11, 2014. Springer is licensed in 25 U.S. states and territories and is affiliated with 6 self-regulatory organizations. Throughout his career, he has passed four general industry/product exams and two multi-state securities law exams, reflecting a broad knowledge of financial products and regulations. His previous affiliations include UBS Financial Services Inc., and The Huntington Investment Company, showcasing a seasoned career spanning over two decades in diverse financial environments.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
James Springer Customer Complaints and Reviews
James L. Springer has several disclosures on his record:
- Customer Disputes (4 incidents):
- Claims of unsuitable investment strategies, over-concentration, and failure to diversify, with one of the disputes resulting in a $200,000 settlement.
- Another dispute involving allegations of a misrepresented market availability within the firm for emergency cash needs, which was settled for $48,666.
- Termination (1 incident):
- Springer was discharged from UBS Financial Services on July 23, 2014, due to mischaracterization of personal expenses as business expenses on a corporate credit card and unsatisfactory responses to management regarding client events and compliance with firm policies.
Allegations Against James Springer
- Customer Dispute Allegations:
- Misrepresentations and unsuitability related to investment strategies in hedge funds and equities, and over-concentration in client accounts. Disputes include claims of losses due to these strategies, with substantial settlements involved.
- Allegations of providing misleading assurances regarding liquidity and access to funds, leading to financial disputes.
- Termination Accusations:
- Alleged misuse of a corporate credit card by inaccurately reporting personal expenses as business-related.
- Inadequate responses to firm management concerning compliance with non-cash compensation policies and client event reporting, which led to his dismissal from UBS Financial Services.
James Springer Red Flags & Your Rights As An Investor
Of course, James Springer 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 Springer at Stifel, Nicolaus & Company, Incorporated on alert to review carefully the activity and performance of their accounts and question whether James Springer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Stifel, Nicolaus & Company, Incorporated also raises questions about the brokerage firm’s 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 Stifel, Nicolaus & Company, Incorporated Due To James Springer
If you have questions about Stifel, Nicolaus & Company, Incorporated and/or James Springer 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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