RedFlags, Allegations and Complaints against James Edward Danko
Disclosure #1 for James Danko
- eventDate: 6/25/2010
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Settled
- Disclosure Detail :: Allegations: CLAIMANTS ALLEGE THAT IN 2006 THE BM WAS NEGLIGENT IN HIS SUPERVISION OF THE FA SERVICING THE CLIENT.
- Damage Amount Requested: $370,000.00
- Settlement Amount: $229,500.00
- Arbitration Docket Number:
- Broker Comment: JAMES DANKO WAS NOT A NAMED RESPONDENT IN THIS MATTER. IN ORDER TO AVOID THE COSTS AND UNCERTAINTIES OF LITIGATION, MORGAN STANLEY & CO. INC. AGREED TO PAY CLAIMANTS $229,500 IN FULL AND FINAL SETTLEMENT OF ANY AND ALL CLAIMS ASSERTED BY CLAIMANTS IN THIS PROCEEDING. JAMES DANKO DID NOT PARTICIPATE IN ANY WAY IN THE SETTLEMENT, AND DENIES ANY AND ALL WRONGDOING.
Should I file a FINRA complaint against brokers like James Edward Danko?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by James Edward Danko’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About James Edward Danko
What is James Danko’s Central Registration Depository (CRD) Number?
Which firm is James Edward Danko associated with?
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
Where is James Danko located?
5457 FRUITVILLE RD, SARASOTA, FL, 34232
Where can I find more details about James Danko’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/7691 to read a detailed report for MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
Are there any disclosures, allegations or complaints filed against James Edward Danko?
Where can I download a detailed FINRA report for James Danko?
Is it safe to do business with James Edward Danko?
We’re not sure. Please research James Danko’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:44 am
The views and opinions expressed in these articles are those of the source BrokerAudit.com and do not necessarily reflect the official position of ‘Skeptic Files’, which shall not be held liable for any inaccuracies presented. The information provided within this article is for general informational purposes only. While we try to keep the information up-to-date and correct, there are no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information in this article for any purpose.
This article is syndicated automatically through a third-party agency from BrokerAudit.com.
To view the original article at BrokerAudit.com, you can visit https://www.brokeraudit.com/james-edward-danko-merrill-lynch-pierce-fenner-smith-incorporated/.