Erez Law is currently investigating Center Street Securities, Inc. broker James Jones (CRD# 5064653) regarding alternative investment losses. He has been registered with Center Street Securities, Inc. in Jasper, Indiana since 2011.
In February 2008, the Kentucky Division of Securities sanctioned him to pay a $2,000 fine regarding allegations that he transacted business in Kentucky without registration.
James Jones Customer Complaints
He has been the subject of two customer complaints in 2022, according to his CRD report:
April 2022. “Unsuitable, illiquid.” The customer is seeking $306,305.44 in damages and the case is currently pending. The complaint was regarding alternative investments.
January 2022. “Unsuitable, illiquid and high risk.” The customer is seeking $400,000 in damages and the case is currently pending. The complaint was regarding alternative investments.
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, Center Street Securities, Inc. may be liable for investment or other losses suffered by James Jones’ 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.