James William Dunn, Formerly of Ameriprise Financial Services, Facing Five Pending Customer Disputes

INVESTORS: Former broker James William Dunn is facing five pending customer disputes alleging that he recommended unsuitable investments.

James William Dunn (CRD: 6084258) was registered as a broker with Ameriprise Financial Services from 2019 until 2021. Previously, Dunn was registered as a broker with Wells Fargo from 2015 until 2019.

Dunn has six disclosures on his BrokerCheck report. 

October 2021 Customer Dispute

• Status: Pending
• Allegations: The client alleged his advisor purchased certain unsuitable equity securities in his account(s) from July to October 2021 without his authorization.
• Damage Amount Requested: $535,379.26

October 2021 Customer Dispute

• Status: Pending
• Allegations: The client alleged her advisor purchased certain unsuitable equity securities in her account(s) from July to October 2021 without her authorization.
• Damage Amount Requested: $472,858.94

October 2021 Employment Separation After Allegations

• Firm Name: Ameriprise Financial Services, LLC
• Termination Type: Voluntary Resignation
• Allegations: Registered representative resigned while under review for potential violation of company policy related to suitability, unauthorized trades and texting with clients.
• September 2021 Customer Dispute
• Status: Pending
• Allegations: The client alleged his advisor recently (June to August 2021) executed unauthorized trades in foreign securities. 
• Damage Amount Requested: $90,541.66

August 2021 Customer Dispute

• Status: Pending
• Allegations: The client alleged his advisor recently (June to August 2021) executed unauthorized trades in foreign securities. 
• Damage Amount Requested: $1,156,433.99

July 2021 Customer Dispute

• Status: Pending
• Allegations: The client alleged equity securities were bought and sold within his account in June and July 2021 without his authorization.
• Damage Amount Requested: $316,973.57

Contact Us Today

The Sonn Law Group is currently investigating allegations surrounding James William Dunn. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.