Ohio-based Raymond James & Associates broker/adviser Kenton Gearhart has been suspended by FINRA. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Gearhart (CRD# 2544526).
Kenton Gearhart has spent 21 years in the securities industry and has been registered with Raymond James & Associates in Cincinnati, Ohio since 2013. He was previously registered with Merrill Lynch in Cincinnati, Ohio (1994-2013). He is a registered broker and investment adviser with 24 US states and territories.
According to his BrokerCheck report, Kenton Gearhart is the subject of one regulatory sanction and one denied customer complaint.
In March 2016 FINRA suspended Kenton Gearhart following allegations he inaccurately marked transactions as unsolicited when they were rather solicited transactions, causing the books and records of his member firm, Merrill Lynch, to be inaccurate. He was issued a $7,500 fine and a 30-day suspension from the securities industry.
In 2013 Kenton Gearhart was discharged from Merrill Lynch following allegations he recommended unapproved closed-end funds, mis-marked order tickets, and disclosed personal trading information to clients.
In 2002 a customer alleged Kenton Gearhart, while employed at Merrill Lynch, recommended “low quality” purchases. The customer sought unspecified damages in the complaint, which was denied.
If you have complaints regarding or have lost money investing with Kenton Gearhart, you may be entitled to recoup your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.
Information in this article has been made available to the public by FINRA on April 12, 2016.