James Gregory Nixon Allegedly Received Loans and Gifts from Customers

Ponzi scheme recovery attorneysBetween January 2012 and October 2013, James Gregory Nixon allegedly accepted improper gifts including $5,000 in loans and $7,000 in monetary gifts from customers from his member firm, JP Morgan, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and Joe Peiffer.

The Peiffer Rosca Wolf investor rights lawyers are currently investigating James Gregory Nixon, who also, according to the AWC, allegedly falsely reported on JP Morgan’s annual certification that he had not obtained loans or gifts from customers.

Moreover, Nixon, who first entered the securities industry in January of 2007 with a FINRA-regulated entity and was approved as a General Securities Representative on April 4, 2007, also allegedly provided materially false responses and misleading information to JP Morgan when questioned regarding the aforementioned loans and gifts, according to the AWC currently being poured over by attorneys Alan Rosca and Joe Peiffer.

As a result of Nixon’s alleged misconduct, he violated FINRA Rules which prohibit providing false and misleading information to one’s member firm, the AWC further notes. Consequently, following FINRA’s investigation, Nixon was terminated from JP Morgan on May 5, 2014.

In answer to Nixon’s alleged violations, FINRA has handed down a 12-month suspension from associating with any member of FINRA in any capacity, a fine of$20,000, and an order to pay restitution to in the amount of $4,550, plus interest.

Investment Fraud Attorneys Recovery Lawyers Investigating

The Peiffer Rosca Wolf investment fraud attorneys often represent investors who lose money as a result of investment fraud, or stockbroker misconduct. They are currently investigating the Nixon case, and the possibility of assisting any victims. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Nixon’s alleged misconduct may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: James Gregory Nixon

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1225 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.