American Funds Compliance Officer disparages Wall Street Principal for reasons unknown

FOR IMMEDIATE RELEASE

American Funds Compliance Officer disparages Wall Street Principal for reasons unknown

New York, NY - January 9 2026 - After extensive hearings before the Financial Industry Regulatory Authority (FINRA) October - December 2025, financial professional and Managing Principal James Lukezic of Old Slip Capital Management has been vindicated of allegations involving five trades totaling $1.1 million that were said to have resulted in a $44,000 loss to client accounts. During the proceedings in New York City, FINRA demonstrated no evidence that Mr. Lukezic had executed or authorized any of the trades in question. Furthermore, the hearings confirmed that no client funds were lost as a result of any actions by Mr. Lukezic or at all.

The decision effectively ends years of speculation and restores Mr. Lukezic's professional reputation, which had been affected by the fabricated allegations. Ms. Rose Jentz, a Compliance Officer at American Funds who was FINRA's only witness and who also moonlights as a travel agent according to her registration, provided false information to FINRA claiming that Mr. Lukezic had affected trades that resulted in $44,000.00 in loses - a blatant and manufactured lie by Ms. Jentz. The clients in question actually made money during the period in question and American Funds employees stated the trades likely resulted from technical errors on their systems. Mr. Lukezic had no access to the inherited accounts since the acquisition of his Broker dealer in 2019 because of American Funds refusal to grant Lukezic access over a two year period since his acquisition. When contacted American Funds failed to respond to the actions of their San Antonio TX based compliance officer. Ms. Jentz also failed to respond when reached at her American Funds office or her travel agency.

Mr. Lukezic's legal counsel emphasized the troubles of having FINRA enforcement operate outside of civil procedure and their ability to accept hearsay as evidence. Although it was proven that Mr. Lukezic had nothing to do with the American Funds fiasco the battle has just begun in Federal Court in the District of Columbia.

In light of new information brought to light during the hearings, Rose Jentz, and her employer, American Funds (Capital Group), have been added to an amended complaint that Mr. Lukezic has filed against FINRA, Rose Jentz, and Capital Group on January 9th, 2026. This action seeks accountability regarding the circumstances leading to the false allegations and the professional harm caused to Mr. Lukezic.

Mr. Lukezic stated:
"The truth and evidence prevailed. My reputation means everything to me, and I am grateful that the facts demonstrated my complete innocence in this matter. The larger issue is if the SEC will reform FINRA and specifically its Enforcement unit to bring its power to prosecute in line with the United States Constitution, allowing for due process and the elimination of hearsay evidence".

Further legal action is ongoing as part of Mr. Lukezic's complaint, and additional updates will be shared as developments occur.

Old Slip Capital Partners
40 Wall Street, FL 28
New York, NY 10005
info@oldslipcap.com
Attn: Peter King

Old Slip Capital is a diversified financial services company

This release was published on openPR.