Investor Alert: James Daughtry Investors May Have Recovery Options

June 2, 2020  |  Selling Away / Unsuitable Investments

If you have suffered losses with former stockbroker James Daughtry of Dothan, Alabama, call Kons Law Firm today at (860) 920-5181 for a FREE Consultation regarding your investment loss recovery options.

James Blake Daughtry is Barred from the Securities Industry

In March 2020, James Daughtry was barred by FINRA for refusing to appear for on-the-record testimony requested by FINRA in connection with an investigation into potentially fraudulent and unauthorized transactions in customers' accounts, and terminated from the brokerage firm he was registered with.

Upon information and belief, at least one investor has now filed an arbitration against Jim Daughtry's former brokerage firm claiming that she invested with James Daughtry, but her funds ended up with Graysail - which is allegedly a defunct IRA that was housed at a custodial firm referred to as Equity Trust.  Upon information and belief, forged documents allegedly caused this investor to lend nearly all of her assets to an entity named Small World Capital. Meanwhile, this investor knew nothing about these transactions.

All of this happened during Daughtry’s time as a Kestra broker, although marketing materials referred to his office as The Daughtry Group.  As a result, Kestra had a duty to properly supervise him and his activities, ensuring the suitability of investments and trading activities, preventing misappropriation, and checking for unapproved outside business activities while protecting all of its customers from fraud and negligence.  Yet because Daughtry sold away a product that Kestra had not approved, violating the firm’s and FINRA’s rules, this retiree investor lost the bulk of her retirement savings.

James Daughtry Investors May Have Investment Loss Recovery Options

Fortunately for those investors who invested with James Daughtry, The Daughtry Group, or in Graysail or Small World Capital may be able to recover their investment losses through FINRA arbitration or securities litigation. In the securities industry, when a stockbroker sells investments, the brokerage firms have a regulatory duty to supervise its stockbrokers and the securities transactions they enter into to ensure that the investments recommended their broker were suitable. If the investments recommended by James Daughtry were not suitable, the brokerage firm he was registered with may be liable to the investor for the losses that they have suffered.

How Can I Recover Money from my investments with James "Jim" Daughtry, Graysail, The Daughtry Group, or Small World Capital?

If you are an investor that has suffered losses investing with James Daughtry, The Daughtry Group, Graysail, or Small World Capital, you may be able to pursue recovery of your losses through FINRA arbitration or securities litigation. Please call Kons Law Firm at (860) 920-5181 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.

Kons Law Firm represents investors throughout the US in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit



  • Tags

Request a Free Consultation



We have recovered tens of millions for investors nationwide. Call us today to let us help you pursue recovery of your investment losses.

  • (860) 920-5181

    Call Today for a Free Consultation

  • Get Started in 15 Minutes

    Find Out Your Recovery Options

Contact Us Today for a Free Consultation

Contact Us Today

    Downtown Hartford Office

  • 100 Pearl Street, 14th Floor
    Hartford, CT 06103
  • (860) 920-5181

    Connecticut Office

  • 92 Hopmeadow Street, Suite 205
    Simsbury, CT 06089
  • (860) 920-5181

Contact Us 24 Hours a Day, 7 Days a Week

Nationwide Representation

Kons Law Firm represents investors nationwide in securities arbitration and litigation matters. That means we can help you regardless of where you live. We regularly represent investors in states like California, Texas, New York, Florida, Illinois, Wisconsin, Minnesota, Arizona, Nevada, Washington, Colorado, Massachusetts, New Jersey and Connecticut, and cities like Los Angeles, New York, Houston, Philadelphia, San Antonio, San Diego, Las Vegas, Dallas, Fort Worth, San Jose, San Francisco, Phoenix, Denver, Seattle, Boston, and Miami. Please contact our firm today to discuss how we may be able to help you, regardless of where you live.

Contingency Fee Lawyers

For most cases, Kons Law Firm offers a contingency fee representation. This means that the attorneys' fee that you pay is a percentage of the recovery before expenses. If there is no recovery, then you are not responsible for paying any attorneys' fees. Depending on the case, you may still be responsible for the expenses. Contingency fee representation helps align the interest of the lawyer and the client, and provides a financial incentive for the lawyer to try to get the best possible results for the client. To learn more about our contingency fee representation, contact our firm today for a FREE CONSULTATION.

This website is marked as “ADVERTISING MATERIAL” and as “ATTORNEY ADVERTISING”. The responsible attorney for this attorney advertisement is Joshua B. Kons, Esq. (Juris No. 434048), whose contact information can be found on the Contact Us link. Any information contained on this website is for informational purposes only and is not intended to be legal advice. Any investigation referenced on this website is independent in nature and is being conducted by the Firm privately. Any information or statements contained in this website are statements of opinion derived from a review of public records, and should not be viewed as not statements of fact. Each potential case is assessed on a case-by-case basis, and there is no guarantee that the Firm will propose representation. Copyright © 2012-2023. All Rights Reserved. *In contingency fee representation, clients may still be responsible for costs. Prior results do not guarantee a similar outcome.