John William Carroll of Maumee Ohio a stockbroker formerly employed by Berthel Fisher Company Financial Services Inc. has been discharged by the firm on January 29, 2018 supported by accusations that he neglected to abide by the firm’s correspondence policy.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Carroll has been identified in two additional customer initiated investment related disputes pertaining to allegations of his violative conduct during the period that he was registered with Prudential Bache Securities and Berthel Fisher Company Financial Services. Specifically, Carroll was subject of a customer initiated investment related arbitration claim in which the customer was awarded $13,298.57 in compensatory damages based upon Carroll having been found liable on the customer’s claims of suitability and misrepresentation relating to investments executed in the customer’s managed securities account while Carroll was associated with Prudential Bache Securities. New York Stock Exchange (NYSE) Case No. 1990.
On December 18, 2017, another customer filed an investment related complaint regarding Carroll’s conduct where the customer requested at least $5,000.00 in damages based upon accusations that Carroll made unsuitable investment recommendations to a customer and allocated ninety percent of the customer’s investment portfolio in one stock position.
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