Were you the victim of Farmers Financial Solutions, LLC broker James Burton Jr. (CRD# 5051310) regarding promissory note losses? He was registered with Farmers Financial Solutions, LLC in Bakersfield, California, from 2007 to 2023, when he was terminated his registration “after becoming aware and determining that the RR failed to disclose personal investment in a private securities transaction and activities related to promissory notes as an outside activity, violating FINRA Rules 3270, 3280 and Firm policy.”
In April 2025, FINRA barred him after he “consented to the sanction and to the entry of findings that he failed to provide documents requested by FINRA during its investigation into sales of promissory notes in a company claiming to offer investments in crypto asset funds and programs. The findings stated that Burton initially cooperated with FINRA’s investigation, but ultimately ceased doing so.”
James Burton Jr. Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2023. “Customer alleges he was not made aware of the risks and facts of purchasing Jazzberry Digital Solutions, Inc. non-registered promissory notes leading to financial losses. The sale of these notes was facilitated by RR Burton outside of Firm’s policies and procedures, as he did not disclose this Outside Business Activity to the Firm.” The customer is seeking $110,000 in damages, and the case is currently pending. The complaint was regarding promissory note losses.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Farmers Financial Solutions, LLC may be liable for investment or other losses suffered by James Burton Jr.’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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