The Law Firm of David Chase is reviewing customer allegations of unsuitability and wrongdoing involving REITs and other illiquid investments made against Greenville, South Carolina based broker James Flynn, who was formerly with the securities brokerage firms of Voya Financial Advisors and IFS Securities.
According to FINRA’s BrokerCheck report on Flynn, eight customers made complaints against Mr. Flynn alleging, among other claims, unsuitability and overconcentration involving Real Estate Investment Trust investments and annuities.
FINRA, the securities market regulator, permanently barred Flynn from association with any FINRA member in all capacities in September 2018 due to his failure to respond to its request for information.
IFS Securities, his last employing brokerage firm, discharged broker James Flynn based upon allegations of a client that he traded ahead of authorization. Voya Financial Advisors, Inc., Mr. Flynn’s previous employing brokerage firm, discharged Flynn on the basis that he provided misleading information to the firm during a complaint investigation involving a variable annuity.
In April 2013, James Flynn filed a Chapter 11 personal bankruptcy, which Flynn claimed prevented him from settling his IRS liens.
If you were a customer of James Flynn and lost money on an investment, including REITS like Phillips Edison & Company or Business Development Company of America, you may be able to recover your lost monies.
Stock broker fraud attorney David Chase represents investors around the country and has recovered millions of dollars for his clients that were victims of stockbroker fraud, misconduct and mismanagement. The Law Firm of David Chase works on a contingency fee basis, meaning you pay the law firm nothing unless it recovers money for you.
If you have questions about your ability to recover your investment losses with James Flynn, please contact stock broker fraud attorney David Chase for a free consultation at david@davidchaselaw.com or toll-free at (800) 760-0912.
