Christopher David Sinkula of Stuart, Florida, a stockbroker registered with Janney Montgomery Scott LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $125,000.00 in damages based upon allegations that Sinkula made unsuitable recommendations of high yield securities when Sinkula was associated with Janney Montgomery Scott LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-02737 (December 7, 2021).
FINRA Public Disclosure shows that Sinkula has been referenced in thirteen other customer initiated investment related disputes concerning Sinkula’s conduct while associated with securities broker dealers, including Janney Montgomery Scott LLC. On February 23, 2018, a FINRA securities arbitration claim involving Sinkula’s conduct was settled for $24,750.00 in damages based upon allegations that Sinkula overconcentrated the customer’s account in energy stocks. FINRA Arbitration No. 17-02467.
Sinkula was also referenced in a FINRA securities arbitration claim that was settled for $100,000.00 in damages based upon allegations that Sinkula engaged in unsuitable trading in common and preferred stocks. FINRA Arbitration No. 18-01334 (November 5, 2018). On April 24, 2019, a FINRA securities arbitration claim involving Sinkula’s conduct was settled for $95,000.00 in damages resulting from alleged unsuitable recommendations of stocks. FINRA Arbitration No. 18-02707.
Sinkula was also referenced in a FINRA securities arbitration claim that was settled for $40,000.00 in damages based upon allegations that Sinkula made unsuitable investment recommendations. FINRA Arbitration No. 19-00626 (May 12, 2019). On August 13, 2020, a FINRA securities arbitration claim involving Sinkula’s conduct was settled for $40,000.00 in damages based upon alleged unsuitable trading by Sinkula. FINRA Arbitration No. 19-01934.
Sinkula was associated with Janney Montgomery Scott LLC in Stuart, FL, as a stockbroker from August of 2008 to December of 2019.
