James Travis Flynn, of Greenville, South Carolina, a stockbroker registered with Voya Financial Advisors, Inc., has been terminated from employment on February 10, 2017, based upon allegations that he misled the firm in the course of the firm’s investigation of a complaint that involved Flynn’s activities.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Flynn has been named in six customer initiated investment related disputes regarding allegations of his wrongdoing while employed with Brookstone Securities, Voya Financial Advisors, Inc., and Capital Investment Group, Inc. On June 25, 2015, a customer filed an investment related written complaint involving Flynn’s conduct, in which the customer requested $24,000.00 in damages based upon allegations that he made unsuitable investment recommendations to the customer concerning a variable annuity.
Subsequently, on July 14, 2016, a customer initiated investment related arbitration claim regarding Flynn’s activities was settled for $52,500.00 in damages based upon allegations that Flynn effected unsuitable and unauthorized stock trades in the customer’s brokerage account. On December 20, 2016, another customer filed an investment related written complaint in reference to Flynn’s conduct, based upon allegations that Flynn made recommendations to the customer about annuities issued through Prudential as well as with real estate security products; investments which failed to have been appropriate given the age of the customer.
On March 13, 2017, another a customer initiated investment related written complaint regarding Flynn’s activities was settled to resolve allegations that he effected unauthorized equity trades in the customer’s equity account. Further, on April 15, 2017, a customer initiated investment related arbitration claim involving Flynn’s conduct was settled for $12,500.00 in damages based upon allegations that he effected unsuitable real estate investment trust transactions in the customer’s account, and failed to apprise the customer about the penalties and liquidity risks pertaining to the products.
Moreover, Flynn has been named in a customer initiated investment related written complaint on May 1, 2017, wherein the customer requested $115,000.00 in damages based upon allegations that Flynn effected the exchange of an annuity policy and purchase of real estate investment trust products which were not suitable for the customer.
Flynn’s registration with Voya Financial Advisors, Inc. was terminated on February 22, 2017. Flynn became registered with IFS Securities on February 16, 2017. Since November 24, 1998, he has been associated with ten different broker dealers, one of which has been expelled by securities regulators for violation of federal securities laws or is otherwise defunct.
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