Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on June 19, 2018 indicate that California-based Whitehall-Parker Securities broker/adviser James Lamont has received several customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Lamont (CRD# 2846228).
James Lamont has spent 21 years in the securities industry and has been registered with Whitehall-Parker Securities in San Francisco and Novato, California since 2015. Previous registrations include Independent Financial Group in Novato, California (2006-2015); Sammons Securities Company in Novato, California (2002-2006); Walnut Street Securities in El Segundo, California (1997-2002); and Fortis Investors in Oakdale, Minnesota (1997). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on April 7, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 24, 1997; Series 7 (General Securities Representative Examination), which he obtained on May 1, 2000; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on February 24, 1997. He is a registered broker and investment adviser in California.
According to his BrokerCheck report, he has received ten customer complaints and one pending civil complaint.
In May 2018 a customer filed a civil lawsuit alleging James Lamont misrepresented and recommend unsuitable purchases of “various insurance policies owned by others and placed on the lives of others.” The customer seeks civil and administrative penalties or fines, monetary penalties other than fines, and restitution in the complaint, which remains pending.
In 2014 a customer alleged James Lamont, while employed at Parkland Securities (formerly known as Sammons Securities), misrepresented material facts, breached contract, and acted negligently in connection to a tenant-in-common investment purchased in 2006. The complaint settled for $87,500.
In 2013 a customer alleged James Lamont, while employed at Parkland Securities and Independent Financial Group, breached his fiduciary duty, breached contract, and recommended unsuitable investments. The complaint settled for $95,000.
In 2013 a customer alleged he, while employed at Sammons Securities Company, misrepresented material facts, breached contract, and acted negligently in connection to tenant-in-common, oil and gas, and real estate investment trust purchases. The complaint settled for $160,000.
In 2013 a customer alleged he, while employed at Sammons Securities Company, misrepresented and omitted material facts, committed fraud, breached his fiduciary duty, and failed to perform adequate due diligence on a tenant-in-common investment. The complaint settled for $99,000.
If you or someone you know has complaints regarding James Lamont, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.