Meyer Wilson has received calls from victims of Virginia-based securities broker James Dunn. If you suffered losses in an account managed by Dunn, please contact us today for a free review of your case.
Dunn recently resigned from Ameriprise Financial Services while he was under investigation by the firm for violations of company policy related to suitability, unauthorized trades, and texting with clients. Prior to joining Ameriprise, Dunn was terminated by Wells Fargo due to “concerns regarding mutual fund trades that were marked unsolicited at the time the trades were entered.”
At least five customers have filed complaints based on Dunn’s conduct, collectively seeking more than $1.5 million in damages for losses due to allegedly unauthorized trades. Unauthorized trading is a serious violation of securities industry rules. Brokerage firms like Ameriprise have a duty to supervise their representatives to make sure they aren’t engaged in excessive, unauthorized, and unsuitable trading. If they do not properly supervise their agents, firms can be held liable for damages resulting from their agents’ misconduct.
Following financial losses caused by fraud, negligence, or misconduct, working with the right investment fraud legal team can make all the difference. Meyer Wilson devotes the necessary time and resources to prepare clients for their fight against the Wall Street machine. With a deep bench of proven professionals, we dedicate two lawyers and a securities arbitration paralegal to each case. We charge no fee unless a recovery is made. If you have lost money in an account managed by James W. Dunn, please contact Meyer Wilson today.