Advisor Alert: Our Attorneys Are Investigating James Alan Seijas For Investment Fraud
Did You Lose Money Because of James Seijas?
Filed: February 9, 2024
James Seijas currently has three (3) pending customer complaints. Overall, he has been the subject of one (1) regulatory event and four (4) 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 Alan Seijas.
Who Is James Alan Seijas?
- Advisor Name: James Alan Seijas
- Aliases: James A Seijas
- CRD: 2392901
- Location: Short Hills, New Jersey
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Wells Fargo Clearing Services, LLC, TD Ameritrade, Inc., and Fidelity Brokerage Services LLC
- Number of Known Customer Complaints: 4
- Number of Known Regulatory Events: 1
- Can James Seijas Be Sued: Yes, in Private Arbitration
- Can James Seijas’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: $125,000
If you have suffered investment losses by James Seijas, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Seijas For Broker Misconduct
As of this publication date, James Seijas has been the subject of 4 customer disputes and 1 regulatory event. Let’s review them below.
In September 2023, a FINRA arbitration was filed against or in reference to James Seijas by multiple customers of Wells Fargo Clearing Services, LLC alleging that from 2017 to 2019, Mr. Seijas misrepresented investments as part of a Ponzi scheme. As of this publication date, this claim remains pending.
In April 2022, a FINRA arbitration was filed against or in reference to James Seijas by multiple customers of Wells Fargo Clearing Services, LLC alleging that Mr. Seijas’s negligence and the firm’s failure to supervise representative’s malpractices, claimants lost millions of dollars. As of this publication date, this claim remains pending.
In November 2021, FINRA initiated a regulatory action against or in reference to James Seijas for allegedly refusing to appear for on-the-record testimony requested by FINRA in connection with its investigation concerning the Form U5 amendment filed by his former member firm.
In May 2020, a FINRA arbitration was filed against or in reference to James Seijas by a customer of Wells Fargo Clearing Services, LLC alleging that in or about January 2019, Mr. Seijas recommended investments in a fraudulent hedge fund. On January 10, 2022, Mr. Seijas settled the claim for $125,000, and some or all of this amount may have been paid by Mr. Seijas’s employer and/or insurance carrier.
In March 2020, a complaint was filed against or in reference to James Seijas by a customer of Wells Fargo Clearing Services, LLC alleging that from August 2017 to December 2019, Mr. Seijas misrepresented investments as part of a Ponzi scheme. As of this publication date, this claim remains pending.
How To File A Claim Against James Seijas (previously with Wells Fargo Clearing Services, LLC, TD Ameritrade, Inc., and Fidelity Brokerage Services LLC) To Get Your Money Back
If you have questions about James Seijas, Wells Fargo Clearing Services, LLC, TD Ameritrade, Inc., Fidelity Brokerage 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.