Published On: June 13, 2017

You may be able to recover your James Flower losses by calling 312-332-4200 today to speak to an attorney about your losses. We are Chicago-based attorneys who take cases on a contingency fee basis in order to sue firms who allow their brokers to break securities rules. The call to us is free with no obligation so please do not delay. Attorneys are standing by. There is no obligation with your consultation. According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Mr. James Flower was accused of recommending that thirteen of his customers invest in a security known as the iPath S&P 500 VIX Short Term Futures exchange traded note (ETN), which was a highly volatile note. Mr. Flower did not have a reasonable basis for recommending this to his clients. ETNs tend to be volatile, risky and highly illiquid, and are not suitable for all clients. For this, Flower was suspended from the industry for three months.
James Flower was associated with the following firms: Gaines, Berland, Duke & Co., Tasin & Company, Whitehall Wellington Investments, Harrison Securities, Continental Broker-Dealer Corp, Granite Associates, Westrock Advisors, JP Turner, Obsidian Financial Group, Prestige Financial Center, Brookstone Securities, Global Arena Capital Corp in Melville, New York from November 2010 until May 2014 and Laidlaw & Company. He is currently registered with SW Financial in Melville, New York and has been since December 2015. He has three customer disputes against him. These disputes allege that he misrepresented risks associated with multiple purchases of an ETF, misrepresentation of the utilization of margin and churning, among other things. Churning, or excessive trading is a particularly egregious offense because it is against securities laws and it tends to generate large commissions for the broker and generate unnecessary fees for the client.
We sue firms such as Global Arena Capital Corp in the FINRA arbitration forum on a contingency fee basis in order to recover losses for investors. The call to us is free with no obligation so please call 312-332-4200 today. There is a statute of limitations on most cases. We are based in Chicago and Barrington, Illinois.


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