ED Magedson – Founder
JD Nicholas and Associates6901 Jericho Turnpike st. 217, Syosset, New York USA
JD Nicholas and Associates Made promises of large profits, misused funds, would not perform a sell order causing me to lose 27k to margin calls. Syosset New York
JD Nicholas failed to put stop calls on my orders as I asked for on all purchases. They misused my account to do day trades without my consent. When they made a large order and didn't put a stop call on it, I told them to sell the position but they would not stating that it would come back. It didn't and I got stuck for a 27k margin call. Their explanation for the whole mess was, in exact words, my bad. I have an attorney who would do a class action suit if I were able to get other victoms names and email addresses. Let me know if you can help me out with getting a list.
This report was posted on Ripoff Report on 10/11/2013 09:26 AM and is a permanent record located here: http://www.ripoffreport.com/r/JD-Nicholas-and-Associates/Syosset-New-York-11791/JD-Nicholas-and-Associates-Made-promises-of-large-profits-misused-funds-would-not-perfo-1091189. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.