John Louis Roberts of Stockbridge Georgia a stockbroker formerly registered with Benchmark investments Inc. was discharged as a stockbroker on July 14, 2020, supported by allegations of Roberts failing to comply with industry standards and the firm’s procedures.
This is not the first time that Roberts has been terminated from a securities broker dealer. FINRA Public Disclosure shows that Roberts used to be employed by Morgan Keegan Company Inc., who discharged him based upon accusations of his submission of inaccurate and inappropriate applications for annuity accounts.
Roberts was also registered with Raymond James Financial Services Inc., who discharged him based on the firm’s concerns over activities identified by National Association of Securities Dealers (NASD) when it issued him a letter of caution.
FINRA Public Disclosure additionally shows that on June 12, 2020, a customer initiated investment related complaint involving Roberts’ conduct was settled for $8,100.00 in damages founded upon allegations that the customer was placed into unsuitable investments when Roberts was associated with IFS Securities.
