Last Updated: June 2024 (Vero Beach, Florida)
James Paige Investigation Summary
Here’s what you need to know about Vero Beach, FL, stockbroker James Page:
- Name: Mr. James Roy Page
- Current Employer: Wells Faro Clearing Services, Wells Fargo Advisors
- Previous Firms: Morgan Stanley
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: James Paige
- Primary Location: Vero Beach, FL
- CRD 1726609
- Can James Paige be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Two Pending Customer Disputes Seek Damages in Excess of $12 Million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With James Paige As Your Stockbroker?
Two customers of Wells Fargo Clearing Services have recently filed FINRA arbitrations regarding the mishandling of accounts by James Paige.
In the first pending case the customer alleges failure to diversify, unsuitable investment recommendations and failure to disclose the risks. Damages of between $1 million and $2 million are sought.
In the other pending case the customer alleges unsuitable and risky investments. In addition, the customer alleges that James Paige made unauthorized trades in the account. Damages in excess of $11,000,000 are sought.
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against James Paige
Customers of James Paige have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Risky Investments
- Unauthorized Trading
- Failure to Disclose Risks
[LEARN MORE]:
Other Cases Involving Unauthorized Trading
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Investigations involving other Wells Fargo brokers
If you have suffered investment losses in an account handled by James Paige, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.