Jeffrey Conklin (Jeffrey Robert Conklin) has consented to a sanction from FINRA (the Financial Industry Regulatory Authority). FINRA is a non-governmental regulator of securities firms that focuses on investor protection and market integrity through effective and efficient regulation of the securities industry. The attorneys of Fishman Haygood Investment Fraud Lawyers are currently investigating possible claims against stockbroker Jeffrey Conklin.
In July 2018 Jeffrey Conklin was suspended by FINRA for six months from practicing as a broker. Jeffrey Conklin worked for Huntington Investment Company in Cleveland, Ohio from 2010 to 2016.
FINRA alleges that Jeffrey Conklin engaged in the following misconduct: a pattern of “check kiting” between August and November of 2016.
“Check kiting” typically refers to the practice of writing checks between accounts with insufficient funds to create the appearance of a higher account balance. Conklin was found to be engaging in check kiting involving both his personal and business accounts, writing a series of at least 11 checks totaling over $43,000 without sufficient funds. FINRA has sanctioned Conklin for this behavior whether it was intentional, or reckless negligence. Conklin has neither admitted nor denied these findings. FINRA reports that Conklin has repaid all amounts owed to the bank and has received an additional $5000 penalty for his actions.
If you invested money through Jeffrey Conklin, we would like to talk to you. Fishman Haygood Investment Fraud Lawyers are experienced securities litigators. We have helped hundreds of clients recover their losses that were due to broker fraud or negligence. Contact us today to discuss your options and receive a free consultation.
Fishman Haygood Investment Fraud Lawyers represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.
Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood Investment Fraud lawyer today.
