Kevin Curry Subject of Investor Dispute

Kevin Curry (CRD #: 2394669), a broker registered with Cadaret, Grant, & Company, is involved in a pending dispute, according to his BrokerCheck record, accessed on June 20, 2022. If you have questions about Kevin Curry’s conduct as a broker, read on.

Investor Dispute

On April 20, 2022, an investor filed a dispute against Kevin Curry, citing dissatisfaction with their account performance and stock selection. This dispute is currently pending.

Suspension by FINRA

On December 9, 2016, Kevin Curry consented to the entry of findings that he allegedly exercised discretion in a client’s account without receiving proper authorization from the client or his firm, Petersen Investments.

A letter of Acceptance, Waiver & Consent (AWC) alleges that, between May 2011 and March 2014, Kevin Curry executed transactions in a client’s account without written authorization from the client or approval from the firm for the discretionary trading in the account.

The AWC alleges that Kevin Curry had spoken to his client about the investments and received approval for the trades, but that he exercised time and price discretion by conducting trades without discussing them with the client.

These allegations of unauthorized trading, according to the AWC, violate NASD Rule 2510(b) and FINRA Rule 2010.

FINRA Rules 3260 and 2010

FINRA Rule 3260 forbids unauthorized trading and requires brokers to receive written authorization from both their client and their firm before exercising discretion in a client’s account. 

FINRA Rule 2010 requires brokers to uphold high standards of professional honor and ethical conduct.

Sanctions

Kevin Curry consented to the following sanctions:

• $5,000 fine
• Suspension for 10 business days

His suspension began on January 3, 2017, and ended on January 17, 2017.

You can read a copy of the AWC here.

Settled Investor Dispute

Kevin Curry was also the subject of a dispute filed on June 4, 2014, alleging churning, unauthorized trading, fraud, and failure to supervise. The investor received a settlement of $285,000.

Background Information

Kevin Curry has passed the following exams:

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

Kevin Curry is a registered broker in 17 states.

He has also worked for the following firms:

• Royal Alliance Associates (CRD#:23131)
• Petersen Investments (CRD#:38537)
• Gruntal & Company (CRD#:372)
• Wayne, Grayson Capital (CRD#:11764)
• Lehman Brothers (CRD#:7506)

Kurta Law Can Help

If you worked with Kevin Curry 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.