Melvin James Payne (CRD#5891840)

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Melvin James Payne (CRD#5891840) regarding allegations made regarding the following:

Claim(s) Made Against Melvin James Payne:

Claim Date: 3/9/2020


This claim, as of this posting, is currently Settled with a claim amount of $341,386.00 .

The investor was paid $139,146.13 by the brokers’ firm.

See more information on FINRA’s BrokerCheck site for Melvin James Payne.

Did you have problems with Melvin James Payne?

If you were a client of Melvin James Payne and had a negative experience, we are interested in discussing the possibility of pursuing a claim on your behalf. Brokerage firms are responsible for overseeing the actions of their registered representatives and must ensure that their financial advisors comply with all relevant regulations and company policies. The brokerage firm may be held liable for any investment losses suffered by customers due to their failure to properly supervise their agents, such as Melvin James Payne. The Securities Lawyers at Halling & Cayo, S.C. have helped investors recover millions of dollars in the past.

The Securities Lawyers are researching bringing claims on behalf of individual(s) and/or a group of investors for recovery of their funds. Most customers will have signed a FINRA arbitration agreement to resolve disputes, including claims for reimbursement of these types of investment losses. As the SEC reminds investors, it can be important to find an attorney that “specializes in resolving securities complaints.” If you were a customer of Melvin James Payne and suffered investment losses, please contact the Securities Lawyers. We only get paid if we recover your money. Your claim may be subject to a time limit or statute of limitations, so contact an attorney right away.

Contact The Securities Lawyers


Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.