Jon Brett Schmidhammer, of Dublin, Ohio, a stockbroker formerly registered with Stifel, Nicolaus & Company, Incorporated, has been named in a customer initiated investment related arbitration claim on October 14, 2016, in which the customer requested $500,000.00 in damages based upon allegations that Schmidhammer converted the customer’s funds, breached his fiduciary and contractual duties to the customer, violated the Ohio Securities Act, effected unauthorized equity trades, and negligently handled the customer’s investment account.
Schmidhammer has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to respond to FINRA’s information request. Letter No. 2016050951601 (Dec. 5, 2016). FINRA Public Disclosure also reveals that prior to FINRA’s permanent bar against Schmidhammer, his securities registration from Stifel Nicolaus was terminated on July 29, 2016, based upon allegations that he was arrested for stealing a firm customer’s funds.
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.
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
