Daughtry was being investigated based on allegations of fraudulent and unauthorized transactions in customers’ accounts.
The Sonn Law Group is investigating allegations that James Daughtry made fraudulent and unauthorized transactions. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
James Daughtry (CRD#: 3272282) signed a letter of acceptance, waiver and consent on March 5, agreeing to be barred from associating with any FINRA member firm in any capacity for an indefinite period. Daughtry had been registered as a general securities representative at Kestra since February 2015.
According to his BrokerCheck profile, Daughtry was discharged from Kestra based on allegations that he, “violated FINRA Rules 8210 and 2010 and was bar[red] from associating with any FINRA member firm in any capacity.”
A former client of Daughtry’s, an elderly, semi-retired investor, recently filed a FINRA arbitration claim alleging that she suffered retirement losses while a client of Daughtry’s. The client allegedly entrusted Daughtry to manage her IRA and protect her funds. Instead of rolling the IRA over to Kestra, her life savings ended up at Graysail, a defunct IRA that was housed at an administrative firm known as Equity Trust. Additionally, the client alleges that forged documents caused her to lend the majority of her assets to Small World Capital. The client stated that she was not aware of either transaction.
Daughtry has no other disclosures on his BrokerCheck report.
Contact Us Today
The Sonn Law Group is currently investigating allegations that James Daughtry made fraudulent and unauthorized transactions. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.