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Investor Seeks Over $2 Million in Damages in Suitability Dispute with John Coyle

John Coyle (CRD #: 2435184), a broker registered with Morgan Stanley, allegedly made an unsuitable recommendation, according to his BrokerCheck record, accessed on June 14, 2025. Read on if you want to know more about his alleged conduct as a broker.

Investor Dispute

On May 15, 2025, an investor alleged that John Coyle made an unsuitable recommendation to open Liquidity Asset Lines. The client seeks $2,023,505.16 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must use the information in an investor’s profile, such as their age, tax status, and risk tolerance when making recommendations.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

John Coyle has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • Futures Managed Funds Examination – Series 31
  • General Securities Representative Examination – Series 7
  • Uniform Investment Adviser Law Examination – Series 65
  • Uniform Securities Agent State Law Examination – Series 63

John Coyle is a registered broker in 41 states as well as the District of Columbia and Puerto Rico. He is also  a registered investment adviser in New York and Texas.

He has also worked for Citigroup Global Markets (CRD#:7059).

Kurta Law Can Help

If you worked with John Coyle 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 that 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. 

 

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