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James Hundley Allegedly Recommended Unsuitable Investment

James Hundley (CRD #: 2517897), a broker registered with The Investment Center, allegedly made an unsuitable investment recommendation, according to his BrokerCheck record, accessed on February 21, 2022. Investors may have also engaged his services through IC Advisory Services. Read on if you have questions about his conduct as a broker.

Investor Dispute

On May 16, 2022, an investor alleged that James Hundley recommended an unsuitable investment of Atlas Growth Partner, LP. The investor sought $100,000 and the dispute settled for $63,334. 

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately suit an investor’s financial goals. Brokers must consult the investor’s profile, which contains the following investor characteristics:

  • Age
  • Financial goals
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status

Investors who rely on brokers for recommendations may be able to recover their losses by pursuing FINRA arbitration.

Background Information

James Hundley has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

James Hundley is a registered broker in 11 states and a registered investment adviser in Florida, New Jersey, and New York.

He has also worked for the following firms:

  • H.D. Vest Advisory Services (CRD#:104556)
  • HD Vest Investment Services (CRD#:13686)
  • TFS Securities (CRD#:20626)

Kurta Law Can Help

If you worked with James Hundley 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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