Keith Edwin Downard of Canfield Ohio a stockbroker currently employed by Stifel Nicolaus Company Inc. is the subject of a customer initiated investment related complaint which settled for $51,242.45 in damages on April 8, 2016 supported by allegations that misrepresentations had been made to the customer concerning the risks of mortgage-related asset-backed debt investments purchased for the customer’s account.
FINRA Public Disclosure additionally reveals that on August 12, 2009, a customer filed an investment related complaint regarding Downard’s conduct where the customer sought more than $5,000.00 in damages founded on accusations that unauthorized trades were effected in the customer’s account during the time that Downard was associated with Stifel Nicolaus Company Inc.
Downard has been registered with Stifel Nicolaus Company since March 10, 2009.
