Advisor Alert: Our Attorneys Are Investigating James Edward Bakun For Investment Fraud
Did You Lose Money Because of James Bakun?
Filed: November 15, 2023
James Bakun has been the subject of two (2) customer complaints. 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 Edward Bakun.
Who Is James Edward Bakun?
- Advisor Name: James Edward Bakun
- Aliases: James Bakun
- CRD: 2376801
- Location: Newburgh, New York
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Advisors LLC, Investors Capital Corp., and Stifel, Nicolaus & Company, Incorporated
- Number of Known Customer Complaints: 2
- Can James Bakun Be Sued: Yes, in Private Arbitration
- Can James Bakun’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $250,000
- Highest Settlement: $175,000
If you have suffered investment losses by James Bakun, 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 James Bakun For Broker Misconduct
As of this publication date, James Bakun has been the subject of 2 customer disputes. Let’s review them below.
In February 2020, a FINRA arbitration was filed against or in reference to James Bakun by a customer of Cetera Advisors LLC alleging conversion, common law fraud, breach of contract, and breach of fiduciary duty. Per the customer, he/she lost over $250,000 because of Mr. Bakun’s actions. On January 8, 2021, Mr. Bakun settled the claim for $175,000, and some or all of this amount may have been paid by Mr. Bakun’s employer and/or insurance carrier.
In December 2010, a complaint was filed against or in reference to James Bakun by a customer of Investors Capital Corp. alleging unauthorized trading commissions.
How To File A Claim Against James Bakun (previously with Cetera Advisors LLC, Investors Capital Corp., and Stifel, Nicolaus & Company, Incorporated) To Get Your Money Back.
If you have questions about James Bakun, Cetera Advisors LLC, Investors Capital Corp., Stifel, Nicolaus & Company, Incorporated, 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.