Advisor Alert: Our Attorneys Are Investigating James Donald Anderson For Investment Fraud
Did You Lose Money Because of Jim Anderson?
Filed: November 15, 2023
Jim Anderson (also known as James Donald Anderson) has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on James Donald Anderson.
Who Is James Donald Anderson?
- Advisor Name: James Donald Anderson
- Aliases: Jim Anderson
- CRD: 2636501
- Location: Cedar Rapids, Iowa
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Advisor Networks LLC and Northwestern Mutual Investment Services, LLC
- Number of Known Customer Complaints: 1
- Can Jim Anderson Be Sued: Yes, in Private Arbitration
- Can Jim Anderson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $20,938
- Highest Settlement: $23,488
If you have suffered investment losses by Jim Anderson, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Jim Anderson For Broker Misconduct
As of this publication date, Jim Anderson has been the subject of 1 customer dispute. Let’s review it below.
In May 2020, a complaint was filed against or in reference to Jim Anderson by a customer of Northwestern Mutual Investment Services, LLC alleging that in 2017, Mr. Anderson recommended and processed a 401(k) loan without ensuring the recommendations were appropriate and this resulted in losses due to penalties, sanctions, interest, and expenses. Per the customer, he/she lost over $20,938 because of Mr. Anderson’s actions. On June 5, 2020, Mr. Anderson settled the claim for $23,488, and some or all of this amount may have been paid by Mr. Anderson’s employer and/or insurance carrier.
How To File A Claim Against Jim Anderson (previously with Cetera Advisor Networks LLC and Northwestern Mutual Investment Services, LLC) To Get Your Money Back.
If you have questions about Jim Anderson, Cetera Advisor Networks LLC, Northwestern Mutual Investment Services, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.