Scott Michael Nash, of Longport, New Jersey, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $216,208.00 in damages based upon alleged excessive and unsuitable trading in fixed income securities during the…
Jonathan Robert Harvey, of Doylestown, Pennsylvania, a stockbroker registered with Janney Montgomery Scott LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $499,000.00 in damages based upon the alleged unsuitable investment recommendation of fixed income products during the period that Harvey…
John Joseph Cahill of Upper Saddle River, New Jersey, a stockbroker registered with Janney Montgomery Scott LLC, has been barred on March 1, 2021, by New Jersey Bureau of Securities. Cahill violated the procedures and policies of Janney Montgomery Scott LLC by failing to disclose a power-of-attorney (POA) relationship. The Bureau found that Cahill’s actions…
Joseph Paul McErlean of West Chester, Pennsylvania, a stockbroker registered with Janney Montgomery Scott LLC, was been permitted to resign on September 30, 2021, based upon allegations that McErlean submitted beneficiary documents in violation of company policy. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that McErlean is referenced in four customer initiated investment related…
Kenneth John Byrne of Garden City, New York, a stockbroker registered with Janney Montgomery Scott LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Byrne failed to testify during the period that FINRA investigated the stockbroker for possible unsuitable investment recommendations. Acceptance, Waiver, and Consent No….
Kirk Edward Pickell of Providence, Rhode Island, a stockbroker registered with Janney Montgomery Scott LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $100,000.00 in damages based upon allegations that Pickell made unsuitable recommendations, made omissions of material fact, and charged excessive fees in connection with…
Christopher David Sinkula of Stuart, Florida, a stockbroker registered with Janney Montgomery Scott LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $125,000.00 in damages based upon allegations that Sinkula made unsuitable recommendations of high yield securities when Sinkula was associated with Janney Montgomery Scott LLC….
Apostolos Nicolas Pitsironis (also known as Paul Pitsironis), of Melville, New York, a stockbroker registered with Janney Montgomery Scott LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $30,000.00 in damages based upon allegations that Pitsironis borrowed but failed to repay customer funds when Pitsironis was…
Frederick Lanfear Browne of Radnor, Pennsylvania, a stockbroker registered with Janney Montgomery Scott LLC has been discharged by the securities broker dealer based upon allegations that Browne engaged in authorized trading by effecting trades in customer accounts without their prior authorization. This is not the first time that Browne has been terminated by a securities…
Gary Begnaud of Mount Laurel, New Jersey, a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith, is identified in a FINRA securities arbitration claim in which the customer seeks unknown compensatory damages based upon the alleged unauthorized trading of mutual funds some two years earlier in 2020 while Begnaud was associated with Merrill Lynch….
Scott William Palmer of Hackensack, New Jersey, a stockbroker formerly employed by Janney Montgomery Scott LLC, is referenced in a customer initiated investment related written complaint on August 24, 2021, in which the customer requested compensatory damages founded upon allegations that their funds were mismanaged between January of 2011 and June of 2017 when Palmer…
John Joseph Cahill of Upper Saddle River New Jersey a stockbroker formerly registered with Janney Montgomery Scott LLC is referenced in a New Jersey Bureau of Securities Summary Revocation Order in which his stockbroker and investment adviser representative registrations have been revoked based on him violating FINRA rules and the policies of Janney Montgomery Scott….
Gary Begnaud of Mount Laurel New Jersey a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith inc. is the subject of a customer initiated investment related written complaint on September 3, 2020 in which the customer alleged that Begnaud effected unauthorized mutual fund trades between March 22, 2020 and March 23, 2020 resulting in…
Christopher David Sinkula of Stuart Florida a stockbroker formerly registered with Janney Montgomery Scott LLC is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $200,000.00 in damages founded on accusations that Sinkula unsuitably allocated the customer in high yield securities including stocks between 2013 and 2020 while…
Scott William Palmer of Hackensack New Jersey a stockbroker employed by Janney Montgomery Scott LLC has been identified in a customer initiated investment related complaint on April 23, 2019 where the customer sought $414,736.31 in damages founded on accusations that the customer was provided with defective investment advice from Palmer during the time that he…
Charles James Euler Jr. of Radnor Pennsylvania a stockbroker formerly registered with Janney Montgomery Scott LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to comply with the regulator during an investigation into allegations against Euler of unsuitable recommendations….
Christopher David Sinkula of Stuart Florida a stockbroker formerly employed by Janney Montgomery Scott LLC has been identified in a customer initiated investment related arbitration claim where the customer sought $132,000.00 in damages founded on accusations that common or preferred stock transactions were unsuitable for the customer when the stockbroker was employed by Janney Montgomery…
John Joseph Cahill of Upper Saddle River New Jersey a stockbroker formerly registered with Janney Montgomery Scott LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to furnish information and documentation to FINRA during the time that he was…
Laurence Michael Braunstein of New York New York a stockbroker registered with Janney Montgomery Scott LLC is the subject of a customer initiated investment related arbitration claim which was resolved for at least $14,999.00 in damages based upon accusations that when Braunstein was associated with Morgan Stanley, First Allied Securities and Janney Montgomery Scott: (1)…
Christopher David Sinkula of Stuart Florida a stockbroker currently employed by Janney Montgomery Scott LLC is referenced in a customer initiated investment related arbitration claim which was resolved for $40,000.00 based upon allegations that the customer was placed in common or preferred stock by Sinkula when those investments were inappropriate for the customer given the…
Michael Harry Applebaum of Marlton New Jersey a stockbroker currently employed by Janney Montgomery Scott LLC is referenced in a customer initiated investment related written complaint on July 30, 2018 in which the customer sought $15,000.00 in damages supported by accusations that the customer’s risk tolerance was not considered when Applebaum made over-the-counter equities recommendations…
Jack Wendell Griffith Jr. of Columbia South Carolina a stockbroker currently employed by Janney Montgomery Scott LLC is referenced in a customer initiated investment related arbitration claim in which the customer sought $200,000.00 in damages supported by allegations that (1) fiduciary duties had been breached (2) the customer’s assets were overconcentrated in over-the-counter equities and…
David Aaron Seigerman of Bedminster New Jersey a stockbroker formerly registered with Janney Montgomery Scott LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on allegations that he failed to respond to a request by FINRA for Seigerman’s information. Case No. 2016050466901 (July 29, 2016). FINRA…
James Albert Pettit of Glastonbury Connecticut a stockbroker formerly employed by Janney Montgomery Scott LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that he declined to provide FINRA with information about his business activities. Case No. 2017054428401 (Mar. 5, 2018). FINRA Public Disclosure…
Scott William Palmer of Hackensack New Jersey is a stockbroker formerly registered with Janney Montgomery Scott LLC who has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to make an appearance before FINRA personnel and testify in regard to allegations…
Scott William Palmer of Hackensack, New Jersey, a stockbroker associated with Janney Montgomery Scott, was terminated from employment on May 24, 2017, based upon allegations that the firm lost confidence in him after learning of the customer complaints that had been lodged against him. Particularly, Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that on…
William George Bryant Harvey, of Doylestown, Pennsylvania, a stockbroker registered with Janney Montgomery Scott LLC, is the subject of a customer initiated investment related arbitration claim, in which the customer sought $280,000.00 in damages founded on allegations that Harvey effected unauthorized trades in the customer’s account, and made misrepresentations to the customer as well as…
Christopher David Sinkula, of Stuart, Florida, a stockbroker currently registered with Janney Montgomery Scott LLC, has been named in a customer initiated investment related arbitration claim on July 11, 2017, in which the customer requested $100,000.00 in damages based upon allegations that Sinkula over-concentrated the customer’s funds in energy sector stocks, and effected unsuitable equity…
Shane Timothy Ennis, a stockbroker currently registered with Janney Montgomery Scott LLC, has been named in a customer initiated investment related written complaint on February 9, 2017, in which the customer’s damages are estimated to be in excess of $5,000.00 based upon allegations that Ennis effected shoddy equity transactions in the customer’s account, and failed…
Laurence Michael Braunstein, of New York, New York, a stockbroker formerly registered with Morgan Stanley, has been named in a customer initiated investment related arbitration claim on August 5, 2016, in which the customer requested $100,000.00 in damages based upon allegations that Braunstein, from 2014 to 2015, effected unsuitable closed end fund, unit investment trust,…
Scott William Palmer, of Hackensack, New Jersey, a stockbroker currently registered with Janney Montgomery Scott LLC, has been named in a customer initiated investment related arbitration claim on July 26, 2016, in which the customer requested $75,000.00 in damages based upon allegations that Palmer effected unsuitable stock transactions in the customer’s investment account. Financial Industry…
Janney Montgomery Scott, located in Philadelphia, Pennsylvana, was censured by Financial Industry Regulatory Authority (FINRA) for disadvantaging certain retirement plan and charitable organization customers that were eligible to purchase Class A shares in certain mutual funds without a front-end sales charge; and for failing to establish and maintain a supervisory system and procedures reasonably designed…