Stoltmann Law Offices is investigating Phillip Andrew Johnson, who entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). According to his AWC, Johnson borrowed $322,000 from a firm customer, but did not notify SunTrust of his activities. This is against securities rules and regulations. FINRA fined him $5,000 and suspended him from the industry for three months. In 1980, the state of Tennessee ordered Johnson to cease and desist from selling securities in the state, revoked his registration and suspended him for 30 days.
Johnson was registered with Tanley and Oakley Investment Co. from March 1976 until March 1982, The Equitable Life Assurance Society of the United States in New York, New York from August 1981 until January 2000, AXA Advisors in New York from August 1981 until February 2003 and SunTrust Investment Services in Nashville, Tennessee from February 2003 until May 2015. He has one customer dispute against him. He is not licensed within the industry. If you invested and lost money with Phillip Andrew Johnson, you may be able to bring a claim against his former firm, SunTrust, for investment losses. They had a duty to reasonably supervise him while he was employed there. Please call 312-332-4200 for a free consultation with an attorney. There is no obligation and we take cases on a contingency fee basis.
The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.