Stoltmann Law Offices is investigating former Ameriprise and Voya broker James Knee. Knee was being investigated by the Financial Industry Regulatory Authority (FINRA) for misappropriating customer funds while registered with the firms. This is against securities laws and internal firm rules. A brokerage firm such as Ameriprise or Voya must reasonably supervise its brokers in order to ensure that they do not violate securities laws. If the firm fails to do so, it may be liable for losses on a contingency fee basis. Mr. Knee was terminated from Ameriprise because of his “failure to cooperate in an internal investigation relating to his potential receipt of a cash gift from a customer.”
James Knee was formerly associated with the following firms:
Raymond James in St. Petersburg, Florida (1998-2005)
Cantella & Co. in Concord, New Hampshire (2005-2006)
Cambridge Investment Research in Concord, New Hampshire (2006-2009)
Investors Capital Corp in Concord, New Hampshire (2009-2012)
Ameriprise Finanancial Services in Concord, New Hampshire (2012-2015)
Voya Financial Advisors in Concord, New Hampshire (2015-2016)
He has five customer disputes against him, alleging unsuitable investments, misrepresentation, unsuitable transactions in variable annuities, and other things. There is an investigation against him and an employment separation after allegations, according to his online, FINRA BrokerCheck report. He is not currently registered as a broker. Please call our Chicago-based securities law firm today if you suffered losses with James Knee and would like a free consultation about how to recover your losses on a contingency fee basis in the FINRA arbitration forum.
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