James F, Anderson is Facing a $400,000 FINRA Arbitration Claim
If you’ve lost money investing with James F. Anderson or Ameritas Investments, you may have a claim. Contact Sonn Law today by filling out our form to submit a confidential message, or call us anytime at 866–827–3202 to schedule a free consultation.
James F. Anderson (CRD#: 4803514) is a previously registered FINRA broker. From 2004 to 2019, Mr. Anderson was employed at Ameritas Investment Corp. in Dakota Dunes, SD. In February, he was discharged by his brokerage firm after allegations that he engaged in unapproved and improper ‘selling away’.
Following his termination, FINRA launched its own inquiry into the alleged misconduct of James F. Anderson. On June 3rd, 2019, Mr. Anderson was permanently barred from the securities industry for failing to provide requested documents and information to regulators — a violation of FINRA Rule 8210.
Barred Broker: Former Ameritas Advisor James F. Anderson
James F. Anderson is currently facing at least one investor claim related to selling away. BrokerCheck indicates that a customer of Ameritas Investments filed a complaint against Mr. Anderson alleging illegitimate losses in an unsuitable promissory note. This promissory note was part of a private placement that was offered away from his member firm. The investor is seeking $400,000 in financial compensation. As of June of 2019, this claim is listed as ‘pending’ by FINRA.
Jeffrey R. Sonn is a top-rated FINRA arbitration lawyer with extensive experience handling the complete range of ‘selling away’ cases. If suffered losses in private placement securities sold by James F. Anderson, our legal team is here to help. Please contact us today for a free initial consultation.