James Royal Kirchner of Indianapolis Indiana a stockbroker formerly registered with David A. Noyes Company is the subject of a customer initiated investment related arbitration claim in which the customer sought more than $101,000.00 in damages supported by allegations that the private placements Kirchner recommended or sold while employed by David A. Noyes were in no way suitable and had caused the customer to incur undue losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-01583 (June 3, 2019).
FINRA Public Disclosure confirms that Kirchner is referenced in six additional customer initiated investment related disputes which pertain to accusations of his misconduct while registered with securities broker dealers including UBS and David A. Noyes. Specifically, Kirchner is referenced in a customer initiated investment related complaint where the customer requested $14,595.21 in damages founded on allegations that funds had been inappropriately transferred from the customer’s account; over-the-counter equities trades failed to be suitable; and transactions were effected without the customer’s knowledge or consent.
Another customer filed an investment related complaint in which the customer sought damages estimated to exceed $5,000.00 in damages based upon accusations that the customer’s instructions of liquidating stock positions had been disregarded by the stockbroker. Kirchner is also the subject of a customer initiated investment related arbitration claim where the customer requested damages estimated to exceed $275,000.00 supported by allegations that inappropriate direct participation program interests or limited partnership interests had been sold to the customer when Kirchner was employed by David A. Noyes Company. FINRA Arbitration No. 19-01397 (May 17, 2019).
FINRA Public Disclosure also reveals that Kirchner has been terminated by former securities broker dealer employer, Merrill Lynch, founded on accusations that he impermissibly altered a customer’s account documentation. His employment with David A. Noyes Company was terminated as of December 19, 2018. Kirchner was registered with IFS Securities between January 4, 2019 and September 27, 2019; and he became employed by Cabot Lodge Securities LLC on September 25, 2019.
