James Daughtry, previously with Kestra Investment Services, Barred by FINRA
Have you lost money with financial advisor James Daughtry? We are continuing to look into allegations made about James Blake Daughtry from Dothan, Alabama. FINRA (the Financial Industry Regulatory Authority) barred Daughtry from the securities industry. FINRA alleged that he failed to respond to its investigation. FINRA was investigating Daughtry after he was alleged to have made fraudulent and unauthorized transactions in several customer accounts.
James Daughtry was a financial advisor and registered representative of Kestra Investment Services from February 2015 to March 2020. He worked in branch offices in Dothan, Alabama.
Brokerage firms like Kestra Investment Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including Alabama. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Kestra Investment Services.