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Broker Misconduct Investigation: James Landeros (Merrill Lynch)

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Updated on: August 23, 2024

National investment loss lawyers KlaymanToskes is investigating broker James Landeros of Merrill Lynch (CRD #6447130).

According to FINRA BrokerCheck, James Landeros, a broker registered with Merrill Lynch, is currently facing an investor dispute filed on June 18, 2024, alleging that he misrepresented an options strategy.

Investors that suffered losses with broker James Landeros are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Losses with Broker James Landeros?

Investment Losses with Broker James Landeros?

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Merrill Lynch Broker James Landeros Faces Options Trading Dispute

James Landeros, a broker working with Merrill Lynch, Pierce, Fenner & Smith, is currently involved in a dispute with an investor. According to his BrokerCheck record, the investor claims that Landeros misrepresented an options strategy.

Options strategies use “call” and “put” options. A “call” option lets an investor buy a stock at a certain price if it goes above that price by a set date. A “put” option lets an investor sell a stock if it drops to a certain price within a set time. These strategies can be risky and might lead to financial losses.

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker James Landeros. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker James Landeros, or have concerns regarding your investment portfolio at Merrill Lynch, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.