John N. Crook, of Macon, Georgia, a stockbroker formerly registered with Raymond James & Associates, Inc., has been named in a customer initiated investment related arbitration claim on August 18, 2016, in which the customer requested $4,800,000.00 in damages based upon allegations including breach of contract, negligence, intentional omissions and misrepresentation, fraud, breach of fiduciary duty, unsuitability, unauthorized trading, excessive trading, and churning.
Previously, on November 13, 2001, at a time when Crook was registered with Salomon Smith Barney Inc., a customer initiated investment related arbitration claim was settled for $60,000.00 in damages based upon allegations that Crook made misrepresentations and omitted information to the customer concerning investments, and traded in the customer’s account without authorization.
FINRA Public Disclosure reveals that on July 28, 2015, Raymond James & Associates, Inc. terminated Crook based upon allegations that the firm had a loss of confidence in Crook after discovering a customer’s complaint during an internal review. The firm alleged that Crook failed to candidly respond concerning his trading activity, and did not have an adequate explanation as to the nature of his trading within the customer’s account. Since August of 2015, Crook has been registered as a stockbroker with Prospera Financial Services, Inc.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
