JAMES ALLAN COPPING

JAMES ALLAN COPPING is currently employed as a Broker and/or Investment Adviser at BMA SECURITIES, LLC located at 2321 ROSECRANS AVENUE, SUITE 3285, EL SEGUNDO, CA, 90245.

JAMES ALLAN COPPING has worked at BMA SECURITIES, LLC since May 20, 2013

Disclosure History

JAMES ALLAN COPPING has 4 Disclosure Event(s).

Date: December 15, 2008
Category: Customer Dispute
Allegations: CLAIMANT MADE A PRIVATE DEBT INVESTMENT IN A PUBLIC COMPANY IN SEPTEMBER OF 2006 THROUGH THE SHEMANO GROUP. CLAIMANT ALLEGES NEGLIGENCE, SUITABILITY, MISREPRESENTATION AND FRAUD, FAILURE TO SUPERVISE ACCOUNT, FAILURE TO SUPERVISE RR, UNAUTHORIZED TRADING, BREACH OF FIDUCIARY DUTIES, VIOLATION OF FEDERAL AND STATE SECURITIES LAWS, VIOLATION OF NASD/FINRA RULES OF FAIR PRACTICE, AND BREACH OF CONTRACT. THE LOAN WAS STRUCTURRED AND APPROVED BY THE FIRM. THE BORROWERE DEFAULTED AND THE CUSTOMER BROUGHT THIS ACTION AGAINST THE FIRM, ITS PRINCIPALS, AND THE SELLING BROKERS.
Damage Amount Requested: $25,000.00
Settlement Amount: $3,500.00
Broker Comment: MR. COPPING SOLD A PRODUCT APPROVED BY HIS FIRM. WHEN THE ISSUER DEFAULTEDE ON THE LOAN, THE CUSTOMER BROUGHT AN ACTION AGAINST THE FIRM, ITS PRINCIPALS AND THE SELLING BROKERS. THE CLIENT WAS AN ACCREDITED INVESTOR WHO HAD MADE SIMILAR INVESTMENTS IN PRIVATE PLACEMENTS IN THE PAST. MR. COPPING SETTLED UPON ADVICE OF HIS COUNSEL TO AVOID COSTLY LITIGATION.

Date: December 05, 2008
Category: Customer Dispute
Allegations: CLAIMANT MADE A PRIVATE DEBT INVESTMENT IN A PUBLIC COMPANY IN SEPTEMBER OF 2006 THROUGH THE SHEMANO GROUP. CLAIMANT ALLEGES NEGLIGENCE, SUITABILITY, MISREPRESENTATION AND FRAUD, FAILURE TO SUPERVISE ACCOUNT, FAILURE TO SUPERVISE RR, UNAUTHORIZED TRADING, BREACH OF FIDUCIARY DUTIES, VIOLATION OF FEDERAL AND STATE SECURITIES LAWS, VIOLATION OF NASD/FINRA RULES OF FAIR PRACTICE, AND BREACH OF CONTRACT. THE CUSTOMER BROUGHT THIS ACTION AGAINST THE FIRM, ITS PRINCIPALS AND THE SELLING BROKERS. THE FIRM HAD STRUCTERED THE NOTE WITH THE ISSUER AND THE ISSUER DEFAULTED.
Damage Amount Requested: $100,000.00
Settlement Amount: $14,000.00
Broker Comment: THE LOAN WAS STRUCTED BY THE FIRM FOR SALE TO ACCREDITED INVESTORS. THE ISSUER DEFAULTED AND THE CUATOMER BROUGHT THIS ACTION AGAINST THE FIRM, ITS PRICNCIPALS AND THE SELLING BROKERS. MR. COPPING SETTLED UPON ADVICE OF COUNSEL TO AVOED COSTLY LITIGATION.

Date: April 21, 2006
Category: Customer Dispute
Allegations: ALLEGED UNAUTHORIZED TRADING, UNSUITABLE INVESTMENTS AND TRADING AFTER THE DEATH OF CLIENT. ALLEGED ACTIVITY TOOK PLACE BETWEEN SEPT AND DEC OF 2000.
Damage Amount Requested: $1,150,000.00 Damages Granted: $10,116.00
Broker Comment: CLAIMANTS FILED CLAIM WITH L.A.SUPERIOR COURT IN SEPT 2002 DIFFERENT CASE NUMBER #282088. COURT GRANTED A STAY PENDING THE OUTCOME OF THE ARBITRATION. THIS ARBITRATION WAS CLOSED, CLAIM FILED WAS DEFICIENT.

Date: January 25, 2002
Category: Customer Dispute
Allegations: UNAUTHORIZED TRADING
Damage Amount Requested: $131,179.00

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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