Jeffrey Stephen McHale (also known as Jeff McHale), of Hingham, Massachusetts, a stockbroker registered with Coburn Meredith Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $30,000.00 in damages based upon allegations that McHale engaged in unsuitable trading in over-the-counter equities when McHale was associated with Coburn Meredith Inc. FINRA Arbitration No. 19-03562 (June 14, 2021).
FINRA Public Disclosure shows that McHale is referenced in two other customer initiated investment related disputes concerning McHale’s conduct while associated with securities broker dealers. On June 20, 2001, a customer filed an investment related complaint involving McHale’s conduct in which the customer requested compensation based upon allegations that McHale failed to process the customer’s request to cancel a variable annuity contract when McHale was associated with Merrill Lynch Pierce Fenner Smith Inc.
On April 28, 2020, a customer initiated investment related FINRA securities arbitration claim involving McHale’s conduct was settled for $75,000.00 in damages based upon allegations that McHale made the unsuitable investment recommendation of stocks during the time that McHale was associated with Ameriprise Financial Services LLC. FINRA Arbitration No. 18-04440.
McHale was associated with Ameriprise Financial Services LLC in Hingham, Massachusetts from February 27, 2015, to October 20, 2021. Ameriprise Financial Services LLC discharged McHale based upon allegations that McHale violated company policies on conducting securities business.
