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James Allen Of Oppenheimer & Co. Inc. And Formerly With Sanctuary Advisors, LLC Has 2 Customer Complaints For Alleged Broker Misconduct

Who is James Allen of Oppenheimer & Co. Inc.?

James Allen (CRD #2287824) who is currently registered with Oppenheimer & Co. Inc. and located in Chicago, Illinois, is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Oppenheimer & Co. Inc., James Allen was associated with Oppenheimer & Co. Inc., Sanctuary Advisors, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

James Allen Customer Complaints

James Allen has been the subject of 2 customer complaints that we know about to recover investment losses. Both customer complaints were settled by James Allen’s employer in favor of the investors.

Allegations Against James Allen

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Unsuitable recommendations of alternative investments.
  • Unsuitable recommendation of Reg. D the investment and overconcentration of that position inclines portfolio.

James Allen Red Flags & Your Rights As An Investor

Of course, James Allen did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of James Allen at Oppenheimer & Co. Inc. and Sanctuary Advisors, LLC on alert to review carefully the activity and performance of their accounts and question whether James Allen has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Oppenheimer & Co. Inc. and Sanctuary Advisors, LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Oppenheimer & Co. Inc. Due To James Allen

If you have questions about Oppenheimer & Co. Inc., Sanctuary Advisors, LLC and/or James Allen and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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