Stifel, Nicolaus & Company Broker Accused of Wrongdoing
Gerard "Jerry" John Kelly III, a registered broker with Stifel, Nicolaus & Company, Incorporated has been accused of wrongdoing. A customer dispute alleges that the broker engaged in negligence, breach of contract, intentional interference, and breached his fiduciary duty. If you are or were a client of Gerard "Jerry" Kelly and sustained losses, you might be entitled to compensation through legal action.
Levin Law, P.A. is currently investigating claims from current or former clients of Gerard "Jerry" Kelly III. If you were or are a client with the Stifel, Nicolaus & Company broker and sustained financial loss, contact Levin Law P.A. founder and managing attorney, Brian Levin, at (305) 402-9050 or via email at contact@levinlawpa.com to schedule a free case evaluation.
Customer Dispute Filed Against Gerard Kelly III
According to publicly available information, Gerard "Jerry" John Kelly III (CRD#: 1563010) currently has one pending customer dispute filed against him. The registered broker and investment advisor, who may also go by the name Gerrard John Kelly III or Jerry Kelly, has 36 years of experience. He has been employed by five firms including Stifel, Nicolaus & Company, his current employer.
The pending customer dispute alleges that the broker engaged in intentional interference with the right to inheritance of a 2007 trust. The claim was brought by the original beneficiaries that were removed under an amended trust in 2013. The beneficiaries also argue that the broker breached his fiduciary duty and engaged in negligence and breach of contract.
What to Do If You Suspect Stockbroker Misconduct
Stockbroker misconduct can come in many forms. Whether your broker misrepresented facts related to your investment or breached their fiduciary duty, you may be eligible to seek compensation. Aggrieved clients may be able to pursue an arbitration claim or obtain financial recovery through another legal avenue.
It is imperative to discuss your case with an experienced attorney as soon as possible. Brokers, investment advisors, and other financial professionals are required to put their client's interests over their own. When they fail to do so, the client may have a valid legal claim.
Holding Member Firms Accountable
The Financial Industry Regulatory Authority (FINRA) regulates registered brokers and their member firms. FINRA rule 3110 requires that its firms have written supervisory procedures (WSPs) to supervise the activities of its associated persons. When customers suffer losses as a result of a member firm’s failure to supervise, they may be able to file a FINRA arbitration claim. It is important to consult with an attorney to determine your legal options.
Contact Levin Law for a Free Case Evaluation
Current and former clients of Gerard "Jerry" John Kelly III who sustained financial losses are strongly encouraged to contact Levin Law, P.A. to schedule a free case evaluation. Harmed customers should call (305) 402-9050 or email contact@levinlawpa.com to speak directly to Levin Law founder and managing attorney Brian Levin.
Most cases are handled on a contingency fee basis. This means clients are not responsible for Levin Law attorneys’ fees unless money is recovered on their behalf.
About Levin Law
Levin Law is a premier national cryptocurrency, securities, commodities, futures, and class action law firm. Brian Levin, Levin Law’s founding attorney, has helped recover in excess of $150,000,000 through arbitration and litigation for individual and institutional investors throughout the country and the rest of the world. Levin Law represents retirees, individual investors, high-net-worth investors, ultra-high-net-worth investors, institutions, family offices, trusts, publicly held companies, and others.
