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.

EN   ES   PT     

Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182