John Whitaker Allegedly Executed Unauthorized Trades in a Customers Account

John Whitaker

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 27, 2017 indicate that Indiana-based Stifel Nicolaus broker/adviser John Whitaker has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Whitaker (CRD# 1991866).

John Whitaker has spent 27 years in the securities industry and has been registered with Stifel Nicolaus & Company in Indianapolis, Indiana since February 2017. Previous registrations include City Securities Corporation in Indianapolis, Indiana and Dean Witter Reynolds in Purchase, New York. He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); and Series 7 (General Securities Representative Examination). He is a registered broker and investment adviser with eight US states and territories: California, Colorado, Florida, Illinois, Indiana, New York, North Carolina, and Tennessee.

According to his BrokerCheck report, John Whitaker has received a pending customer complaint.

In May 2017 a customer alleged John Whitaker, while employed at Stifel Nicolaus & Company, recommended unsuitable investments, executed unauthorized trades, participated in unjust trading practices, misrepresented and omitted material facts, breached his fiduciary duty, committed fraud, breached contract, and was negligent in his supervisory duties in connection to investments in equity listed products. The customer is seeking $616,405 in damages in the pending complaint.

If you have lost money investing with John Whitaker, you may be entitled to recoup your losses. Call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect a recovery. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.