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James Evans Allegedly Failed to Advise Client

James Evans (CRD #: 5059891), a broker registered with Fidelity Brokerage Services, allegedly failed to fully inform a client, according to his BrokerCheck record, accessed on April 6, 2022. If you want to know more about James Evans’s conduct as a broker, read on.

Allegations of Failure to Advise

In a pending dispute filed on December 1, 2021, an investor claims James Evans failed to advise that capital gains could be incurred on the client’s account. The investor seeks $200,000 in damages. Brokers must consider the tax consequences of an investment before they recommend it to their clients. 

FINRA Rule 2020

FINRA Rule 2020 prohibits manipulative, deceptive, and other unethical methods of persuading investors to buy or sell securities. This includes misrepresentation of the risks or costs of an investment.

Background Information

James Evans has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 10 – General Securities Sales Supervisor – General Module Examination
  • Series 9 – General Securities Sales Supervisor – Options Module Examination

James Evans is a registered broker in all 50 states, the District of Columbia, and Puerto Rico. He is also a registered investment adviser in Florida and Texas.

Previously, James Evans worked for Strategic Advisers (CRD#:104555) and Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691).

Kurta Law Can Help

If you worked with James Evans and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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