Suspended from industry Archives - Marquardt Law Office

Suspended from industry

Former Merrill Lynch Broker, Christopher Hibbard, Fired and Supsended After Investor Accused Him of Theft

Adam J. Marquardt March 22, 2018

On February 7, 2018, FINRA suspended Christopher Lee Hibbard due his alleged failure to cooperate with FINRA’s investigation into accusations he stole from an investor client. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates security brokers and brokerage firms. Merrill Lynch had previously reported to FINRA on January 8, 2018 that it fired Hibbard

Michael Androulakis, Stockbroker at Alexander Capital, Suspended for Alleged Unsuitable Leveraged ETF Recommendations to Seniors

Adam J. Marquardt March 21, 2018

According to public records, on March 20, 2018, FINRA suspended stockbroker Michael Scott Androulakis from associating with any FINRA member firms for three months. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates stockbrokers and brokerage firms. FINRA announced the sanction in its Letter of Acceptance, Waiver and Consent (AWC). The AWC alleges Michael Androulakis

Investment Misconduct Blog