Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on March 17, 2017 indicate that former Ohio-based Allstate Financial Services broker Fred Quinn has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Quinn (CRD# 1199551).
Fred Quinn has spent 32 years in the securities industry and was most recently registered with Allstate Financial Services in Toledo, Ohio (2006-2016). He was previously registered with USAllianz Securities in Toledo, Ohio; Fifth Third Securities in Cincinnati, Ohio; Key Investments in Cleveland, Ohio; MML Investors Services; and Mutual Benefit Financial Services Company. He is currently not registered with any state or firm.
According to his BrokerCheck report, Fred Quinn has received one FINRA sanction, was recently discharged from his former employer, and has received twelve unsatisfied tax liens.
In March 2017 FINRA sanctioned Fred Quinn following allegations he “willfully failed to timely update his Form U4 to disclose 11 liens filed against him by the Internal Revenue Service and State of Ohio.” According to FINRA’s findings: “the total amount of those liens was $235,018.00, and they remain unsatisfied. Quinn did not file an amended Form U4 disclosing these liens until after FINRA notified his member firm of them. The findings also stated that Quinn signed two customers’ names on a letter of instruction related to an annuity exchange. The customers did not authorize Quinn to sign their names to that letter.” He was issued a nine-month suspension and a fine of $10,000.
In February 2018 Fred Quinn was terminated from his position at Allstate Financial Services following a “Loss of confidence after failure to disclose multiple judgments/liens.”
If you have complaints regarding Fred Quinn, call firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover your losses. All cases are taken on a contingency basis: we only get paid if and when you collect money. The law sets a limited window to file complaints, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.