James Travis Flynn (also known as Jim Flynn), of Greenville, South Carolina, a stockbroker formerly registered with Voya Financial Advisors, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations of Flynn misrepresenting information about alternative investments during the time that he was employed by Voya Financial Advisors. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-02135 (September 1, 2021).
FINRA Public Disclosure shows that Flynn has been identified in 66 more customer initiated investment related disputes concerning accusations of his harmful activities while he was employed by securities broker dealers. Flynn is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $500,000.00 in damages founded on allegations of Flynn placing them in bad alternative investments. FINRA Arbitration No. 21-00775 (March 30, 2021). The claim alleges that Flynn received unsuitable advice concerning illiquid and high-risk investments.
On July 28, 2021, another customer initiated investment related FINRA securities arbitration claim regarding Flynn’s activities was settled for $25,000.00 in damages supported by accusations of Flynn inappropriately having the customer invest in speculative and illiquid alternative investments through Voya Financial Advisors. FINRA Arbitration No. 21-00744. Flynn is also the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $500,000.00 in damages based on allegations of unsuitable real estate security transactions recommended by Flynn when he was associated with Voya Financial Advisors. FINRA Arbitration No. 21-00783 (April 7, 2021).
On June 14, 2021, a different investor filed an investment related civil action in South Carolina involving Flynn’s conduct. The investor sought compensatory damages founded on accusations of Flynn having them purchase real estate security products and direct investments that were unsuitable given the investor’s financial goals and age. Civil Action No. 2021-CP-23-02541. According to the claim, Flynn misrepresented information about the alternative investments.
Flynn is also referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $5,050,000.00 in damages supported by allegations of Flynn’s poor advice at Voya Financial Advisors regarding a unit investment trust, real estate security, and a variable annuity. FINRA Arbitration No. 20-02110 (September 29, 2021).
On October 29, 2021, another customer initiated investment related FINRA securities arbitration claim concerning Flynn’s activities was settled for $9,000.00 in damages based upon accusations of Flynn recommending that the customer invest in a REIT strategy without considering the customer’s objectives for investing. FINRA Arbitration No. 20-03398. According to the claim, the strategy involved illiquid investment purchases that produced high commissions for Flynn during the period that he was employed by Voya Financial Advisors.
Flynn has been barred from associating with any FINRA member in any capacity founded on allegations that he failed to cooperate with FINRA requests. Case No. 2017053354701. Flynn was suspended between June 25, 2018, and September 3, 2018, and had an opportunity to request that his suspension be terminated. Flynn failed to comply by the regulator’s deadline, which resulted in an automatic bar imposed on September 4, 2018.
Flynn was registered with Voya Financial Services between May 31, 2013, and February 22, 2017. He was discharged supported by accusations that he misled the firm when he was internally investigated about a complaint. He was associated with IFS Securities between February 16, 2017, and February 20, 2018, at which point the securities broker dealer discharged him for unauthorized trading in customer accounts.
