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James Kelly Formerly With Pruco Securities, LLC Has 2 Customer Complaints For Alleged Broker Misconduct

Who is James Kelly formerly with Pruco Securities, LLC?

James Kelly (CRD #2959343) who was formerly registered with Pruco Securities, LLC and located in Owings Mills, Maryland, is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Pruco Securities, LLC, James Kelly was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

James Kelly has had his own share of regulatory problems. In November 2021 he was suspended by FINRA for allegedly engaging in a commission-sharing agreement with a registered representative of another firm without reflecting it on his member firm’s books and records.

James Kelly Customer Complaints

James Kelly has been the subject of 2 customer complaints that we know about to recover investment losses. Both customer complaints were denied by James Kelly’s former employer, and, to date, it appears that the customers have not taken any further action.

Allegations Against James Kelly

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

  • Failure to fully disclose all the facts regarding the risks and guarantees of the variable annuity contract.
  • Failure to disclose all of the facts concerning a 1035 exchange.

James Kelly Red Flags & Your Rights As An Investor

Of course, James Kelly 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 Kelly at Pruco Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether James Kelly has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, LLC also raises questions about the brokerage firm’s 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 Pruco Securities, LLC Due To James Kelly

If you have questions about Pruco Securities, LLC and/or James Kelly 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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