Advisor Alert: Our Attorneys Are Investigating James D Davis Jr For Investment Fraud
Did You Lose Money Because of James Davis Jr?
Filed: March 20, 2024
James Davis Jr (also known as James D Davis, Jim Davis) currently has one (1) pending customer complaint. Overall, he 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 D Davis Jr.
Who Is James D Davis Jr of Independent Financial Partners and IFP Securities, LLC?
- Advisor Name: James D Davis Jr
- Aliases: James D Davis, Jim Davis
- CRD: 4222532
- Location: Columbia, Tennessee
- Current Employer: Independent Financial Partners and IFP Securities, LLC
- Previous Firms: LPL Financial LLC and Valic Financial Advisors, Inc.
- Number of Known Customer Complaints: 2
- Can James Davis Jr Be Sued: Yes, in Private Arbitration
- Can James Davis Jr’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $250,000
- Highest Settlement: $42,000
If you have suffered investment losses by James Davis Jr, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Davis Jr For Broker Misconduct
As of this publication date, James Davis Jr has been the subject of 2 customer disputes. Let’s review them below.
In October 2022, a FINRA arbitration was filed against or in reference to James Davis Jr by a customer of IFP Securities, LLC alleging breaches of state law, fiduciary duty, contract law and a general failure to disclose risk parameters surrounding an investment in a GWG “L Bonds”. Per the customer, he/she lost over $100,000 because of Mr. Davis’s actions. On November 20, 2023, Mr. Davis settled the claim for $42,000, and some or all of this amount may have been paid by Mr. Davis’s employer and/or insurance carrier.
In August 2022, a FINRA arbitration was filed against or in reference to James Davis Jr by a customer of IFP Securities, LLC alleging breaches of fiduciary duty and contract plus violations of various FINRA Rules including 2010, 2120, 2111.05(a), 3110 and general failure to disclose risk parameters surrounding an investment in a GWG “L Bonds”. Per the customer, she lost over $250,000 because of Mr. Davis’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against James Davis Jr of Independent Financial Partners and IFP Securities, LLC (previously with LPL Financial LLC and Valic Financial Advisors, Inc.) To Get Your Money Back
If you have questions about James Davis Jr, Independent Financial Partners, IFP Securities, LLC, LPL Financial LLC, Valic Financial Advisors, Inc., 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.