Christopher David Sinkula of Stuart Florida a stockbroker formerly employed by Janney Montgomery Scott LLC has been identified in a customer initiated investment related arbitration claim where the customer sought $132,000.00 in damages founded on accusations that common or preferred stock transactions were unsuitable for the customer when the stockbroker was employed by Janney Montgomery Scott. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-01934 (July 24, 2019).
FINRA Public Disclosure indicates that Sinkula is the subject of twelve more customer initiated investment related disputes pertaining to allegations of his bad business practices while employed by securities broker dealers Janney Montgomery Scott, Citigroup Global Markets Inc., Salomon Smith Barney and A.G. Edwards Sons Inc. Sinkula is the subject of a customer initiated investment related complaint in which the customer requested unspecified damages based upon allegations of misrepresentations regarding certificates of deposit that he sold while registered with A.G. Edwards Sons Inc.
Another customer initiated investment related arbitration claim involving Sinkula’s conduct was settled for $200,000.00 in damages based upon allegations of his misrepresentation of features on annuities sold to the Citigroup Global Markets customer. On November 5, 2018, a customer initiated investment related arbitration claim pertaining to Sinkula’s conduct was settled for $100,000.00 in damages supported by allegations of unsuitable equities being held in the customer’s account during the period in which Sinkula was employed by Janney Montgomery Scott. FINRA Arbitration No. 18-01334.
Sinkula is also referenced in a customer initiated investment related arbitration claim which was settled for $95,000.00 in damages based upon allegations that common and preferred stock trades were not appropriate for the Janney Montgomery Scott customer. FINRA Arbitration No. 18-02707 (Apr. 24, 2019). On May 12, 2019, a customer initiated investment related arbitration claim concerning Sinkula’s conduct was settled for $40,000.00 in damages based upon accusations that the stockbroker effected unsuitable stock trades in the customer’s account while registered with Janney Montgomery Scott. FINRA Arbitration No. 19-00626.
Sinkula’s employment with Janney Montgomery Scott was terminated on December 12, 2019.
