James Franklin Shenk of Glen Rock, Pennsylvania, a stockbroker registered with Realta Equities Inc., formerly known as Coastal Equities, Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $215,000.00 in damages based upon allegations that Shenk made the unsuitable investment recommendation of “direct investments” when Shenk was associated with Realta Equities Inc. FINRA Arbitration No. 22-02771 (Settled February 14, 2024).
This is not the first time that Shenk has been referenced in a customer initiated investment related dispute concerning Shenk’s conduct in the securities industry. FINRA Public Disclosure shows that Shenk is also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $110,000.00 in damages based upon allegations that Shenk made misrepresentations of material fact and made unsuitable recommendations in alternative investments during the time that Shenk was associated with Coastal Equities Inc. FINRA Arbitration No. 22-01698 (February 1, 2024).
Shenk has been associated with Realta Equities Inc. in Glen Rock, Pennsylvania since June 22, 2015, and with Realta Investment Advisors Inc. in Glen Rock, Pennsylvania since August 4, 2015.
