Victim of Financial Fraud? Call Now
Home » Broker Blog » John Carroll Suspended by FINRA

John Carroll Suspended by FINRA

John Carroll (CRD #: 1148905), a broker formerly registered with Vanderbilt Securities, has been suspended by FINRA, according to his BrokerCheck record, accessed on March 6, 2023. If you have questions about his alleged conduct as a broker, keep reading.

Suspension by FINRA

On January 6, 2023, FINRA issued a Letter of Suspension against John Carroll alleging that he failed to comply with an arbitration award/settlement agreement or to sufficiently respond to a FINRA request for information about the status of his compliance.

FINRA indefinitely suspended John Carroll starting January 27, 2023. His suspension will continue until the required payment is made or discharged.

FINRA Rule 9554

FINRA Rule 9554 penalizes members who fail to comply with arbitration awards or settlement agreements with a suspension or cancellation of membership. Members can request a termination of the suspension by complying with the conditions of the notice of suspension.

Background Information

John Carroll has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

He previously worked for the following firms:

  • Vanderbilt Securities (CRD#:5953)
  • National Securities Corporation (CRD#:7569)
  • Oppenheimer & Company (CRD#:249)
  • Stifel, Nicolaus & Company (CRD#:793)
  • Ryan Beck & Company (CRD#:3248)
  • Hornor, Townsend & Kent (CRD#:4031)
  • J. B. Hanauer & Company (CRD#:6958)
  • Palm Beach Financial (CRD#:19477)
  • Graystone Nash (CRD#:10635)
  • First Jersey Securities (CRD#:6621)

Kurta Law Can Help

If you worked with John Carroll and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

Recent Results

$16.75M

Million

Recovery for ARC NYC REIT Investors
Learn More
Kurta Law recovered millions of dollars for investors who purchased the speculative and unsuitable ARC NYC REIT. The arbitration settled for substantially more than the investor losses.

Recent Results

$9.3M

Million

Investors Receive Award for More than their Losses
Learn More
Jonathan Kurta was able to recover over $9.3 million for a group of defrauded investors. The claims were based upon the brokerage firm’s failure to supervise a stockbroker who stole client funds and then prepared and disseminated fake account statements for decades.

Recent Results

$7.1M

Million

Elderly Victims Recover After a Decade of Fraud
Learn More
Jonathan Kurta represented a group of elderly women who were the victims of a financial crime perpetrated by a rogue broker. The broker utilized forged documents to steal funds from the clients’ accounts over a decade.

Recent Results

$4.2M

Million

Investor vs. Royal Alliance
Learn More
Jonathan Kurta represented an investor who alleged that Royal Alliance Associates had not fulfilled their supervisory duties. This allegedly allowed brokers to engage in conversion and RICO violations. Read a copy of the award here.

Recent Results

$1M

Million

Utah Firm Executed Unnecessary Transaction
Learn More
A FINRA panel sided with Kurta Law and found that a Utah brokerage firm executed unnecessary transactions in order to generate more commissions. Read a copy of the award here.

Recent Results

$2M

Million

Arizona Investors Options Trading Scam
Learn More
Kurta Law negotiated a $2 million settlement on behalf of Arizona investors who were defrauded in an options trading scam.

Categories