James Cagle: $500,000 Customer Complaint Against Merrill Lynch Rep
Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 26, 2019 indicate that Tennessee-based Merrill Lynch broker/adviser James Cagle has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Cagle (CRD# 1364768).
James Cagle has spent 34 years in the securities industry and has been registered with Merrill Lynch in Knoxville, Tennessee since 1985. He has no previous registrations. He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 6, 2007; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 21, 1985; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 31 (Futures Managed Funds Examination), which he obtained on October 16, 2013; Series 7 (General Securities Representative Examination), which he obtained on June 15, 1985; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on June 13, 2000; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on June 13, 2000. He is a registered broker and investment adviser with 34 US states and territories.
According to his BrokerCheck report, he has received one customer complaint, one denied customer complaint, and one closed customer complaint.
In May 2019 a customer alleged James Cagle, while employed at Merrill Lynch, misrepresented material facts and recommended unsuitable options investments. The customer is seeking $500,000 in damages in the pending complaint.
In 2004 a customer alleged James Cagle, while employed at Merrill Lynch, did not notify him of a bond recall and kept the funds in a cash account that paid low interest. The customer sought $7,249 in damages in the complaint, which was denied.
In 2003 a customer alleged James Cagle, while employed at Merrill Lynch, recommended an unsuitable investment. The customer sought unspecified damages in the complaint, which was closed with no action taken.
If you have lost money investing with James Cagle, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.