Advisor Alert: Our Attorneys Are Investigating James Franklin Shenk For Investment Fraud
Did You Lose Money Because of James Shenk?
Filed: March 20, 2024
James Shenk (also known as Jim Shenk) 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 Franklin Shenk.
Who Is James Franklin Shenk of Realta Equities, Inc. and Realta Investment Advisors, Inc.?
- Advisor Name: James Franklin Shenk
- Aliases: Jim Shenk
- CRD: 2876098
- Location: Glen Rock, Pennsylvania
- Current Employer: Realta Equities, Inc. and Realta Investment Advisors, Inc.
- Previous Firms: LPL Financial LLC and Raymond James Financial Services
- Number of Known Customer Complaints: 2
- Can James Shenk Be Sued: Yes, in Private Arbitration
- Can James Shenk’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $433,000
- Highest Settlement: $215,000
If you have suffered investment losses by James Shenk, 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 Shenk For Broker Misconduct
As of this publication date, James Shenk has been the subject of 2 customer disputes. Let’s review them below.
In December 2022, a FINRA arbitration was filed against or in reference to James Shenk by multiple customers of Coastal Equities, Inc. alleging unsuitable investments. Per the customers, they lost over $433,000 because of Mr. Shenk’s actions. On February 14, 2024, Mr. Shenk settled the claim for $215,000, and some or all of this amount may have been paid by Mr. Shenk’s employer and/or insurance carrier.
In September 2022, a FINRA arbitration was filed against or in reference to James Shenk by multiple customers of Coastal Equities, Inc. alleging misrepresentation and unsuitable investments. Per the customers, they lost over $250,000 because of Mr. Shenk’s actions. On February 1, 2024, Mr. Shenk settled the claim for $110,000, and some or all of this amount may have been paid by Mr. Shenk’s employer and/or insurance carrier.
How To File A Claim Against James Shenk of Realta Equities, Inc. and Realta Investment Advisors, Inc. (previously with LPL Financial LLC and Raymond James Financial Services) To Get Your Money Back
If you have questions about James Shenk, Realta Equities, Inc., Realta Investment Advisors, Inc., LPL Financial LLC, Raymond James Financial Services, 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.