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Kevin Arvoy Allegedly Failed to Comply with an Arbitration Award

Kevin Arvoy (CRD #: 5938015) has been suspended by FINRA. This disclosure appears on his BrokerCheck record, accessed on April 8, 2024. Keep reading if you have questions regarding his alleged conduct. 

Regulatory Action 

On February 8, 2024, FINRA suspended Kevin Arvoy following allegations that he failed to comply with an arbitration award or settlement agreement to satisfactorily respond to a FINRA request to provide information concerning the status of compliance. 

The Award found Kevin Arvoy liable for $308,105.22 following allegations that he failed to repay the outstanding principal balance on a promissory note for $154,166.74 and needed to repay a $150,000 duplicate bonus payment. You can see a copy of the Award here. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to comply with an arbitration award may violate this rule. 

Background Information 

Kevin Arvoy has passed the following exams:

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 79 Investment Banking Registered Representative Examination 

He has registered with the following firms: 

  • D.A. Davidson & Co. (CRD #: 199) 
  • Raymond James & Associates (CRD #: 705) 
  • RBC Capital Markets (CRD #: 31194) 

Kurta Law Can Help 

If you have worked with Kevin Arvoy and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

 

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