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Melinda Woll Allegedly Sold Stock Without Client Authorization

Melinda Woll (CRD #: 4451158), a broker registered with Edward Jones, allegedly executed an unauthorized transaction, according to her BrokerCheck record, accessed on May 7, 2025. Keep reading to learn more about her alleged conduct as a broker.

Investor Dispute

On March 1, 2025, an investor alleged that Melinda Woll executed an unauthorized sale of GE Verona Inc (GEV) stock. This dispute was denied by the firm.

However, investors can still seek out FINRA arbitration and potentially recover their losses even if a firm denies their dispute.

FINRA Rule 3260

Unauthorized trading violates FINRA Rule 3260, which limits brokers to engaging in discretionary trading only in pre-authorized accounts. Both the firm and the client must approve an account before discretionary trading can occur.

FINRA Rule 2010

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

Background Information

Melinda Woll has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66
  • Uniform Securities Agent State Law Examination – Series 63

Melinda Woll is a registered broker in 19 states and a registered investment adviser in Indiana and Texas.

Kurta Law Can Help

If you worked with Melinda Woll 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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