Justin Girard (CRD #: 4404768), a broker and an investment adviser registered with J.P. Morgan, is facing client allegations that he executed an excessive number of trades, among other allegations, according to his BrokerCheck record, accessed August 25, 2020. Investors should also make note of two other disclosures in his record related to excessive trades.
On July 21, 2020, a client alleged that Justin Girard executed excessive trades. They further alleged that Mr. Girard made unauthorized trades, misrepresented certain securities, made unsuitable investment recommendations, and failed to follow instructions. The client is seeking $1,057,000; the dispute is pending.
On March 17, 2016, a client alleged that Justin Girard executed an excessive number of trades. The client sought $148,454; the dispute was denied.
On March 17, 2016, a client alleged that Mr. Girard executed an excessive number of trades and made unsuitable investment recommendations. The client sought $180,526.20; the dispute was denied.
Why would a broker make excessive trades? The greater the number of trades, the more commissions the broker will receive.
Justin Girard has passed the Series 66 Uniform Combined State Law Examination, the Securities Industry Essentials Examination, the Series 31 Futures Managed Funds Examination, the Series 7 General Securities Representative Examination, the Series 10 General Securities Sales Supervisor – General Module Examination, and the Series 9 General Securities Sales Supervisor – Options Module Examination. He is a registered broker in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, D.C., Florida, Georgia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington, and Wisconsin. He is a registered investment adviser in Florida and Texas.
During his 19 years of experience in the securities industry, Justin Girard has worked at the following firms:
- Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691)
- Morgan Stanley Smith Barney LLC (CRD #: 149777)
- Morgan Stanley & Co. Inc. (CRD #: 8209)
- Morgan Stanley (CRD #: 7556)
If Justin Girard was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email email@example.com for your free case consultation with a securities attorney.