888-840-1571

National Investment Fraud Lawyers

¿Perdió en bonos y fondos de Puerto Rico?

Northland Securities, Inc. Broker James Reynolds Investment Loss Options

Posted on Monday, September 13th, 2021 at 9:48 pm    

Northland Securities

Were you the victim of Northland Securities, Inc. broker James Reynolds (CRD# 4408485)? Reynolds has been registered with Northland Securities, Inc. in Minneapolis, Minnesota since 2002. 

Reynolds has been the subject of two customer complaints between 2016 and 2021, according to his CRD report:

June 2021. “Claimants are stating that non-traded REITS were unsuitable.” The case is currently pending. 

June 2016. “The customers are upset that they lost money on an investment they made in an equity security which they purchased in October 2013.” The customer sought $300,000 in damages and the case was settled for $80,000. The complaint was regarding equity OTC.

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, Northland Securities, Inc. may be liable for investment or other losses suffered by Reynolds’ 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.