October 25, 2018 Comments (0) Blog, Current Investigations, Securities Fraud

Update on Jim Flynn Broker Investigation 

Jim Flynn
(Last Updated On: October 25, 2018)

Jim Flynn – Greenville, SC – Barred from Securities Industry

Are you concerned about your investments with financial advisor Jim Flynn in Greenville, South Carolina? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses by filing a FINRA arbitration claim against his employer(s).

According to the Financial Industry Regulatory Authority (FINRA), the regulator has barred financial advisor Jim Flynn from associating with any FINRA member at any time.

Flynn reportedly failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, according to the regulator he is automatically barred from association with any FINRA member in all capacities.

According to his FINRA BrokerCheck report, Flynn was registered with Voya Financial Advisors in Greenville, SC from May 2013 until he was fired in February 2017 for providing “misleading information to the Firm during a complaint investigation.”

More recently, Flynn was affiliated with IFS Securities in Greenville, SC from February 2017 until February 2018 when he was discharged.  Flynn has 13 customer disputes listed on is report, 3 of which are still pending. Allegations include misrepresentation, improper sale of alternative investments, and unsuitable investments among others.

Failure to Supervise

The White Law Group is investigating potential claims involving Jim Flynn and the liability his employers may have for failure to properly supervise his alleged activities.

Brokerage firms are required to adequately supervise their advisors. They must ensure they are complying with FINRA rules.

When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The brokerage firms can be held responsible for any losses in a FINRA arbitration claim if it is determined that they failed to properly supervise their agent.

Did you suffer losses investing with Jim Flynn? If so, the attorneys at The White Law Group may be able to help you to recover your losses. For a free consultation with an attorney specializing in investment fraud, please call (888) 637-5510.

The foregoing information, which is all publicly available, is being provided by The White Law Group.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information, please visit our website, www.whitesecuritieslaw.com.

 

 

 

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