Investor Alert: James Hal Heafner was barred from FINRA for refusing to appear for on-the-record testimony
/FINRA Sanctions & Allegations of Misconduct
According to his CRD Report, James Hal Heafner (CRD #4837072) of TAYLOR CAPITAL MANAGEMENT INC. (CRD #43559) in Charlotte, North Carolina was barred from association with any FINRA member in all capacities and consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with its inquiry into his possible involvement in an outside business activity that was not approved by his member firm. The allegations relate to investments in 1st Global Capital.
James Heafner has other complaints of wrongdoing reported on his regulatory file
The CRD Reports of James Heafner includes the disclosure of three (3) other complaints. As of today, two of the complaints are still pending and one resulted in an arbitration award against Taylor Capital Management Inc. for over $228,000. These types of complaints are serious red flags that evidence a pattern of unsuitable investment recommendations in order to generate commissions and income for themselves, at the expense of their clients.
Investors Have the Right to Recover Their Losses
When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered losses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.
Can I recover my investment losses?
If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through James Hal Heafner at TAYLOR CAPITAL MANAGEMENT INC, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies, and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.