Charles John Obryant III, of Raleigh, North Carolina, a stockbroker formerly registered with Stifel, Nicolaus & Company, has been named in a customer initiated investment related arbitration claim on October 2, 2015, which settled for $632,298.00 in damages based upon allegations that Obryant negligently handled the customer’s investment account, breached his fiduciary duty, and effected unsuitable investment transactions.

FINRA Public Disclosure also reveals that on December 30, 2013, a customer filed an investment related arbitration claim concerning Obryant’s conduct, based upon allegations that Obryant effected purchases of equities in the customer’s account without authorization. Subsequently, on October 23, 2014, another customer brought an arbitration action concerning Obryant’s activities, in which the customer alleged that in 2013, Obryant effected purchases in the customer’s account which were neither suitable nor authorized by the customer.

Obryant’s registration with Stifel, Nicolaus & Company Inc. was terminated on January 26, 2016, based upon allegations that the firm lost confidence in Obryant resulting from the firm’s resolution of a customer’s complaint involving Obryant’s activities. Since March of 2016, Obryant has been registered with Thompson Davis & Co., 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.

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