James William Tausz (also known as Jim Tausz), of Clarion, Iowa a stockbroker associated with United Planners’ Financial Services of America, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $15,000.00 in damages based upon alleged unsuitable recommendations, breach of contract, fraud, breach of fiduciary duty, negligence, misrepresentations and omissions, violation of Securities Act of 1933, and violation of FINRA rules in connection with the sale of alternative investments. FINRA Arbitration No. 22-00722 (June 22, 2023).
FINRA Public Disclosure records indicate that Tausz was referenced in five other customer initiated investment related disputes. These complaints concern Tausz’s conduct while associated with securities broker dealers.
On July 26, 2001, another customer filed an investment related complaint involving James William Tausz, in which the customer sought $7,923 in damages. The customer alleged that their Life Partners policy was forfeited. This incident occurred while Tausz was associated with Royal Alliance Associates Inc. The case was closed with no action on December 6, 2011.
On March 23, 2005, a customer filed an investment related complaint against Tausz, in which the customer requested $16,000.00 in damages. The allegations were that Tausz made unsuitable recommendations of mutual funds, given the customer’s investment objectives and risk tolerance during the time that Tausz was associated with Multi-Financial Securities Corporation. The complaint was ultimately denied on June 13, 2005.
Tausz was referenced in a customer initiated investment related complaint filed on September 29, 2011, in which the customer requested $11,277.86 in damages based upon allegations that Tausz guaranteed a 10 percent return on her account when Tausz was associated with United Planners Financial Services. The complaint was denied on October 12, 2011.
On June 28, 2012, a customer initiated investment related complaint involving Tausz’s conduct was settled for $13,236.90 in damages based upon allegations that Tausz didn’t properly manage the customer’s account when Tausz was associated with United Planners’ Financial Services.
Tausz has been associated with United Planners’ Financial Services of America A Limited Partner in Clarion, Iowa since August 4, 2006. He has also been associated with Bradford Financial Center in Clarion, Iowa since January 1, 1999.
