James Blinkhorn, of Lake Oswego, Oregon, a stockbroker formerly associated with Wedbush Securities Inc., was subject to a customer initiated investment related arbitration claim on September 11, 2015, which was settled for $83,000.00 in damages based upon allegations that Blinkhorn effected unsuitable transactions in the customer’s investment account, and failed to communicate with the customer concerning transactions that Blinkhorn effected.
FINRA Public Disclosure reveals that on August 13, 2014, a customer initiated investment related arbitration claim involving Blinkhorn’s conduct was settled for $1,100,000.00 in damages based upon allegations that Blinkhorn effected unsuitable and excessive trades in the customer’s investment account, and made omissions and misrepresentations to the customer concerning investments.
Additionally, on July 25, 2011, a customer filed an investment related arbitration claim involving Blinkhorn’s actions, in which the customer requested $589,536.96 in damages based upon allegations that Blinkhorn effected unsuitable transactions in the customer’s investment account.
Following Blinkhorn’s termination from Wedbush Securities Inc., he became registered with Chelsea Financial Services in October 2015, where he is currently registered.
Guiliano Law Group
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