FORT LAUDERDALE, Fla., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Silver Law Group and the Law Firm of David R. Chase, P.A. announce they have filed a FINRA arbitration claim against Voya Financial Advisors and IFS Securities, securities brokerage firms, on behalf of a former customer of James T. Flynn for failing to supervise his activities while employed.
The arbitration claim alleges that our client was a customer of Voya Financial, IFS Securities and its broker James Flynn. It further alleges that Flynn made unsuitable investment recommendations to our client, specifically purchases of Real Estate Investment Trusts (REITS), including Phillips Edison and Business Development Corp. of America, which have fallen significantly in value.
The arbitration claim contends that both Aura Financial and IFS Securities failed to supervise James Flynn and are thus legally responsible for his wrongful acts. The claim also seeks the recovery of our client’s investment losses, interest and punitive damages.
Silver Law Group and the Law Firm of David R. Chase, PA, focus their practice on the representation of investment fraud victims nationwide in claims against securities brokerage firms. Scott L. Silver, managing partner of the Silver Law Group, has devoted his legal career to representing aggrieved investors. David R. Chase, principal of the Law Firm of David R. Chase, is a former SEC Enforcement Attorney.
You may contact toll-free either Mr. Silver at: (800) 975-4345, www.silverlaw.com, or Mr. Chase at: (800) 760-0912, davidchaselaw.com, for a confidential, no cost consultation on the potential for recovery of your investment losses.