James Conaway (James Otis Conaway) has consented to a sanction from FINRA (the Financial Industry Regulatory Authority). FINRA is a non-governmental regulator of securities firms that focuses on investor protection and market integrity through effective and efficient regulation of the securities industry. The attorneys of Fishman Haygood Investment Fraud Lawyers are currently investigating possible claims against stockbroker James Conaway.
In May 2018 James Conaway was fined $10,000 and suspended for 9 months from practicing as a broker. James Conaway worked for USA Financial Securities Corporation in Tustin, California from October 2015 to May 2016.
James Conaway was previously associated with JP Turner & Company, LLC, QA3 Financial Corp., Ameritas Investment Corp., among others.
FINRA alleges that James Conaway engaged in the following misconduct: failed to disclose the scope of their real estate related outside business activity, Tycon Properties and provided inaccurate information about those activities .
FINRA alleged that James and Lorraine Conaway established Tycon Properties and referred customers interested in purchasing investments rental properties to real estate vendors through Tycon Properties. James Conaway was fired by USA Financial Securities Corporation for failing to comply with Firm advertising and outside business activity rules, participating in financial transactions with securities clients, and failing to fully cooperate with the Firm’s investigation of his misconduct.
James Conaway has been the subject of at least 3 customer disputes.
If you invested money through James Conaway, we would like to talk to you. Fishman Haygood Investment Fraud Lawyers are experienced securities litigators. We have helped hundreds of clients recover their losses that were due to broker fraud or negligence. Contact us today to discuss your options and receive a free consultation.
Fishman Haygood Investment Fraud Lawyers represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.
Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood Investment Fraud lawyer today.