James Booth, formerly with Invest Financial Corp. in Norwalk, Connecticut, Barred from Securities Industry

Have you lost money with financial advisor James Booth of Norwalk, Connecticut?  The law firm of Israels & Neuman is investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against James Thomas Booth. FINRA barred Booth from the securities industry regarding allegations that he stole or converted over $1 million from customers.

James Thomas Booth was a financial advisor and registered representative of Invest Financial Corp. from 2005 to February 2018.  He was also affiliated with LPL Financial from February 2018 to June 2019.  He worked at branch offices in Norwalk, Connecticut.  Booth has been the subject of four customer complaints.

Brokerage firms like Invest Financial Corp. and LPL Financial have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and Seattle, Washington.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Connecticut.  Our attorneys have recovered millions of dollars for investors against many brokerage firms in the past, including against LPL Financial.

Click to view:  Booth, James BrokerCheck 7.2.19

Click to view:  Booth, James FINRA AWC

If you lost money with James Booth, Invest Financial Corp. or LPL Financial, please CONTACT US at 720-599-3505 for a free evaluation of your case.