| Read Time: 2 minutes |


James R. Kirchner formerly with Cabot Lodge Securities LLC And David A. Noyes  & Company Has 10 Customer Complaints For Alleged Broker Misconduct

Who is James R. Kirchner most recently with Cabot Lodge Securities LLC?

James Kirchner (CRD #2852217) who was formerly registered with Cabot Lodge Securities LLC and located in Chicago, Illinois is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cabot Lodge Securities LLC, James Kirchner was associated with IFS Securities and David A. Noyes & Company and two other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

David A. Noyes and Co. Broker Misconduct

In his career, James Kirchner has been the subject of 10 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. An arbitration award was entered against his employer for his alleged misconduct in favor of an investor. Eight of the 10 customer complaints arose in connection with his employment at David A. Noyes and Co. Five of James Kirchner’s 10 customer complaints were settled in favor of investors. One customer complaint was denied by his former employer and the customer took no further action. There are currently 3 pending customer complaints filed against James Kirchner’s former employer David A. Noyes and Co. for investment losses caused by his alleged misconduct.

Allegations Against James Kirchner

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

  • Claimant alleges unauthorized and unsuitable transactions which resulted in an arbitration award in favor of the investor.
  • Claimant alleged that alternative investments, recommended by the financial advisor were unsuitable.
  • Customers allege that investments made in private placements were unsuitable for them.
  • Customer alleged that the financial advisor permitted to fully explain all of the risks associated with margin trading.
  • Customer alleged that financial advisor failed to follow his instructions.

James Kirchner Red Flags & Your Rights As An Investor

Of course, James Kirchner 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 Kirchner at Cabot Lodge Securities LLC, IFS Securities and David A. Noyes & Company on alert to review carefully the activity and performance of their accounts and question whether James Kirchner has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at David A. Noyes & Company about James Kirchner also raises questions about its 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 Cabot Lodge Securities LLC, IFS Securities, David A. Noyes and Co.

If you have questions about Cabot Lodge Securities LLC, IFS Securities, David A. Noyes & Company and/or James Kirchner 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 $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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars