JAMES EDWARD MCCARTHY is currently employed as a Broker and/or Investment Adviser at RAYMOND JAMES FINANCIAL SERVICES, INC. located at 2245 TEXAS DRIVE, SUITE 170, SUGAR LAND, TX, 77479.
JAMES EDWARD MCCARTHY has worked at RAYMOND JAMES FINANCIAL SERVICES, INC. since July 19, 2012
Disclosure History
JAMES EDWARD MCCARTHY has 1 Disclosure Event(s).
Date: July 01, 2003 Category: Customer Dispute Allegations: **BREACH OF CONTRACT AND WARRANTIES, PROMISSORY ESTOPPEL, VIOLATION OF FEDERAL SECURITIES EXCHANGE ACT AND STATE SECURITIES STATUES, NEGLIGENT MISREPRESENTATIONS, BREACH OF FIDUCIARY DUTY, NEGLIGENCE, AND UNSUITABILITY** CLAIMANTS ALLEGE BROKER PLACED ALL OF THEIR ASSETS WITH TWO AGGRESSIVE MONEY MANAGERS. THESE MANAGERS CONCENTRATED THE FUNDS IN HIGH-RISK EQUITIES AND THESE ACCOUNTS WERE "INEVITABLY DECIMATED". CLIENT ALSO ALLEGES THE BROKER DISREGARDED CLIENT'S INSTRUCTION TO SELL IN THE EVENT OF ANY LOSS EXCEEDING 8-10%. Damage Amount Requested: $500,000.00 Settlement Amount: $79,999.00
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