Broker James McKinney, also known as James Gregory McKinney and Greg McKinney, has been the subject of multiple Brokercheck disclosures of customer disputes alleging unsuitability according to his FINRA Brokercheck page under review by attorney Alan Rosca.
Investor rights attorney Alan Rosca of the Rosca Scarlato LLC law firm and his colleagues are investigating conduct related to the various customer disputes in connection with James McKinney on the allegations of unsuitability.
Investors who are concerned about their investments with James Gregory McKinney are encouraged to call 888-998-0530, email at arosca@rscounsel.law, or complete the contact form on this webpage for a free, no obligation consultation and discussion of potential options with an experienced investor rights attorney.
Concerned about investments with
Customer Disputes Involving James McKinney Allege Unsuitability
Greg McKinney has four customer disputes disclosed on his FINRA Brokercheck page alleging unsuitability. The most recent customer dispute was filed in November 2020 alleging unsuitable investment recommendations. The employing firm when the alleged activity occurred was reportedly Cetera Advisors, and the customer is requesting unspecified damages according to the Brokercheck disclosures.
Similarly, two customers filed disputes in September 2020 alleging unsuitable investment recommendations. One customer is seeking $1,000,000 for the alleged damages and the second customer is seeking $500,000 for the alleged damages. Both disputes allege that McKinney was registered with Cetera Advisors when the alleged recommendation of unsuitable investments occured.
Another customer filed a dispute in March 2020 alleging violation of common law fraud, breach of fiduciary duty, and negligence. The customer is seeking between $500,000 and $1,000,000 for the alleged damages, and alleged that James McKinney was registered with Cetera Advisors when alleged misconduct occured, FINRA reports.
In June 2020, one of McKinney’s customers accepted a settlement to the tune of $29,593 related to a dispute filed in March 2020 alleging misrepresentation of REIT investments and securities recommendation generating commissions, as reported on his Brokercheck page. McKinney was reportedly registered with Cetera Advisors when the alleged misrepresentation the REIT investments took place.
Investors who are concerned they may have suffered a loss at the hands of McKinney are encouraged to reach out to an experienced attorney at the Rosca Scarlato LLC law firm for a free consultation and discussion of potential options, or to provide any useful information and learn about your rights. Call 888-998-0530, send an email to arosca@rscounsel.law, or through the contact form on this webpage.
James Greg McKinney Barred for Alleged Failure to Comply During FINRA’s Investigation
FINRA started an investigation in March 2018 into whether McKinney engaged in undisclosed private securities transactions and his possible failure to disclose tax liens according to FINRA’s Default Decision.
As part of the investigation, FINRA sent a request to McKinney to produce information and documents, in addition to a request to appear for an on-the-record interview to provide sworn testimony, as stated in the Complaint.
The complaint further states broker James McKinney allegedly failed to comply with FINRA’s requests to produce information and documents and he allegedly failed to provide sworn testimony at an on-the-record interview.
As a result of McKinney’s alleged misconduct, he has been barred from associating with any FINRA member firm in all capacities.
McKinney Was Registered with FINRA for 28 Years
According to McKinney’s FINRA Brokercheck page, he was registered with FINRA since 1991 and switched employers two times. He was employed with Cetera Advisors located in Tulsa, Oklahoma from October 2012 until August 2019.
He was previously employed with Securian Financial Services located in Tulsa, Oklahoma from February 1991 until October 2012, according to his Brokercheck page.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
Concerned about investments with
Concerned About Your Investment with James Greg McKinney?
The Rosca Scarlato LLC law firm represents investors who lose money as a result of broker misconduct and investment-related fraud. We are currently investigating former Cetera Advisors broker James McKinney’s customer disputes on the allegations of unsuitability.
The firm takes most cases like this on a contingency fee basis and advances the case costs, we only get paid for the fees and costs out of any money we recover for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of investors who fell victim to their unscrupulous broker’s misconduct, violations of sale practices, or other investment-related misconduct.
Investors who believe they lost money as a result of former Cetera Advisors broker James McKinney’s customer disputes on the allegations of unsuitability may contact attorney Alan Rosca for a free no-obligation evaluation of their potential options by calling 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.
