| Read Time: 2 minutes | Cambridge Investment Research Complaints |


James Docster Of Cambridge Investments Research, Inc. And Formerly With LPL Financial LLC and Waddell & Reed Has 3 Customer Complaints For Alleged Broker Misconduct

Who is James Docster of Cambridge Investments Research, Inc.?

James Docster (CRD #4278411) who is currently registered with Cambridge Investments Research, Inc. and located in Jacksonville, Florida, is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Cambridge Investments Research, Inc., James Docster was associated with LPL Financial LLC and Waddell & Reed and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

James Docster Customer Complaints

James Docster has been the subject of 3 customer complaints that we know about to recover investment losses. One customer complaint was settled by James Docster’s former employer in favor of the investor. The other 2 customer complaints were denied and, to date, the customers took no further action.

Allegations Against James Docster

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

  • The financial advisor acted upon instructions of the person not authorized as a power of attorney to liquidate the holdings in customer’s account
  • Failure to disclose nature, mechanics and risks to investor.
  • Unsuitable recommendation of variable annuity contract.

James Docster Red Flags & Your Rights As An Investor

Of course, James Docster 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 Docster at Cambridge Investments Research, Inc., LPL Financial LLC and Waddell & Reed on alert to review carefully the activity and performance of their accounts and question whether James Docster has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cambridge Investments Research, Inc., LPL Financial LLC and Waddell & Reed 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 Cambridge Investments Research, Inc.  Due To James Docster

If you have questions about Cambridge Investments Research, Inc., LPL Financial LLC, Waddell & Reed and/or James Docster 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.

Author Photo

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 $160 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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars