JAMES FRANCIS CUNNINGHAM

JAMES FRANCIS CUNNINGHAM is currently employed as a Broker and/or Investment Adviser at BOSTONIA GLOBAL SECURITIES, LLC located at 699 BOYLSTON ST., EIGHTH FLOOR, BOSTON, MA, 02116.

JAMES FRANCIS CUNNINGHAM has worked at BOSTONIA GLOBAL SECURITIES, LLC since May 02, 2013

Disclosure History

JAMES FRANCIS CUNNINGHAM has 3 Disclosure Event(s).

Date: January 21, 2009
Category: Customer Dispute
Allegations: THE PLAINTIFF ALLEGED THAT MERRILL LYNCH AND I MADE MISREPRESENTATIONS AND OMISSIONS ABOUT THE LIQUIDITY, QUALITY, AND REGISTRATION STATUS OF AUCTION RATE SECURITIES. CLAIMS ARE FOR THE TIME PERIOD OF DECEMBER 2006-JANUARY 2009
Damage Amount Requested: $24,000,000.00
Settlement Amount: $1,950,000.00
Broker Comment: AMENDED DRP TO CORRECT ERRORS IN ITEM 7 AND TO REFLECT RESOLUTION OF THE CASE.

Date: January 05, 2009
Category: Customer Dispute
Allegations: THE PLAINTIFF ALLEGE THAT MERRILL LYNCH MADE MISREPRESENTATIONS AND OMISSIONS ABOUT THE LIQUIDITY, QUALITY, AND REGISTRATION STATUS OF AUCTION RATE SECURITIES DURING THE TIME PERIOD OF DECEMBER 2006-JANUARY 2009. I AM NAMED IN THEIR COMPLAINT AS A SALESPERSON WHO TRANSACTED ARS WITH THEIR REGISTERED INVESTMENT ADVISOR THAT MANAGED THEIR MONEY.
Damage Amount Requested: $3,500,000.00
Settlement Amount: $15,000.00
Broker Comment: UPDATED TO CORRECT ERRORS IN ITEM 7 AND TO REFLECT THAT I WAS NOTIFIED THAT THE LITIGATION AGAINST MERRILL LYNCH WAS SETTLED. EXACT AMOUNT OF SETTLEMENT IS NOT KNOWN AS I WAS NOT NAMED IN THE COMPLAINT AND DO NOT HAVE ACCESS TO THE SETTLEMENT INFORMATION.

Date: October 22, 2008
Category: Customer Dispute
Allegations: THE CLIENT ALLEGED THAT THE BROKER DID NOT DISCLOSE THAT CERTAIN SECURITIES WERE RULE 144A RESTRICTED SECURITIES. NO DAMAGES ARE SPECIFIED.
Broker Comment: THE CLIENT IS A REGISTERED INVESTMENT ADVISER THAT REPRESENTED ITSELF TO BE A QUALIFIED INSTITUTIONAL BUYER AND HAD A QIB CERTIFICATE ON FILE, WHICH ENTITLED IT TO PURCHASE RULSE 144A RESTRICTED SECURITIES. IT HAD PURCHASED SIMILAR SECURITIES IN THE PAST. THIS COMPLAINT IS DEEMED TO BE WITHOUT MERIT,

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