FINRA Bars Former Ameritas Broker for Selling Away

The Financial Industry Regulatory Authority has charged a former Ameritas Investment Corp. broker with neglecting to follow through with an inquiry into allegations of him selling unapproved investment products.

"Selling away" is when a broker recommends and sells securities that the brokerage firm has not approved for sale to customers.

Ameritas Broker James Anderson Terminated for Fraudulent Practices

Broker James Anderson had been employed by Ameritas Investment Corp. for 14 years before he was terminated for fraudulent practices.

After an internal investigation concluded that Anderson had sold away indexed annuities and promissory notes while he was a broker for Ameritas, the company terminated his employment.

Anderson Barred by FINRA

FINRA has barred Anderson from participating in the securities industry for failing to cooperate with FINRA’s investigation into Anderson’s misconduct.

Speak with an Investment Fraud Attorney

Our AV-rated* lawyers have extensive experience litigating a broad range of investment disputes, including those involving stockbroker misconduct. We will aggressively pursue claims against the culpable brokerage firm or stockbroker to recover your investment losses.

DKR has recovered more than $100 million in assets lost to investment fraud and stockbroker misconduct and represent individual and institutional investors around the country.

Contact a Dimond Kaplan & Rothstein Lawyer Now  

Contact  Dimond Kaplan & Rothstein, P.A. to schedule an appointment for a FREE case evaluation with an investment fraud attorney.  

As a nationwide firm, our offices are located in Los AngelesNew YorkDetroit, West Palm Beach, Naples and Miami, and we represent clients in many other markets as well. Translations services are available.

Share This Story

Share your experience with investment fraud, and contribute to a community dedicated to protection and empowerment. Together, we can unveil strategies, share insights, and build a shield against financial deceit.

Let’s Discuss Your Case Today

When fighting for your rights, you may go up against some dangerous enemies. You want an attorney flying by your side to help navigate you through the twists and turns of the legal system. 

I Want To...
No Recovery, No Fees (888) 578-6255

Subscribe to our email!

Subscribe to our email!

Subscribe to our email!

uploadmagnifiercross linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram