John Richard Boatright of Duluth, Georgia, a stockbroker formerly registered with Newbridge Securities Corporation, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Boatright failed to respond to FINRA’s request for information in connection with the investigation of Boatright’s sales practices. FINRA Enforcement No. 2021071440501 (Jan. 18, 2022).
FINRA Public Disclosure shows that Boatright is referenced in customer initiated investment related disputes concerning Boatright’s conduct while associated with securities broker dealers, including J.P. Turner Company LLC. On March 24, 2000, a customer initiated investment related FINRA securities arbitration claim involving Boatright’s conduct was settled for $42,500.00 in damages based upon allegations that Boatright made misrepresentations, churned the customer’s account, was negligent, breached his fiduciary duties, and made unsuitable investment recommendations in connection with the sale of common stocks and preferred stocks when Boatright was associated with J.P. Turner Company LLC. FINRA Arbitration No. 00-00909.
On August 16, 2001, a customer initiated investment related FINRA securities arbitration claim involving Boatright’s conduct was settled for $50,000.00 in damages based upon allegations that Boatright churned the customer’s account and engaged in other misconduct in connection with the sale of common stocks and preferred stocks when Boatright was associated with J.P. Turner Company LLC. FINRA Arbitration No. 012802.
Boatright is also referenced in a complaint on May 11, 2018 in which the customer requested $46,000.00 in damages based upon allegations that Boatright made unsuitable recommendations and was negligent in connection with the sale of common stocks and preferred stocks when Boatright was associated with Summit Brokerage Services.
On April 8, 2021, a FINRA securities arbitration claim involving Boatright’s conduct was settled for $100,000.00 in damages based upon allegations that Boatright was negligent and breached a fiduciary duty relating to the recommendation and sale of common stocks and preferred stocks when Boatright was associated with Newbridge Securities Corporation. FINRA Arbitration No. 21-00919.
Boatright was associated with Newbridge Securities Corporation from September 7, 2016 to May 28, 2019.
