Navigating Potential Investment Loss Cases: Examining Advisor Jim Geake
Investing can often be a path to financial security and growth, but it’s not without its pitfalls. The situation of financial advisor Jim Geake exemplifies why it’s crucial to remain vigilant as an investor. Geake has been with Madison Avenue Securities out of Skokie, Illinois since 2006.
Geake has been accused of recommending unsuitable alternative investments, such as NorthStar Healthcare REIT and Hospitality Investors Trust, to his clients. These are not isolated incidents; throughout his career, he has been the subject of an alarming 14 customer complaints. For instance, one of the most recent allegations from November 2023 involves a significant investment amounting to $1.1 million, which is currently pending.
His history shows a pattern of similar allegations, including a settled complaint in January 2023 and another in 2021 related to Hospitality Investors Trust. Even further back, a 2018 complaint concerning misrepresentation was settled.
With over 28 years in the securities industry and an impressive professional background, Geake’s situation underscores that even the most experienced professionals can become embroiled in disputes that highlight the importance of due diligence.
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At Meyer Wilson, we are deeply aware of how emotionally taxing and complex investment losses can be. If you believe you’ve suffered losses because of unsuitable investment advice or misrepresentation, we are committed to standing by your side. Our firm specializes in advocating for investors across the nation, ensuring they receive the justice and compensation they deserve.
Your financial well-being is our utmost concern, and we invite you to take advantage of a free, confidential consultation to explore your options. You can reach out to us at 866-938-2021, or learn more about our services by visiting our website at investorclaims.com. Allow us to support and guide you through your investment recovery journey.
Written by: Courtney Werning, Esq.
Recovering Losses Caused by Investment Misconduct.