Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 21, 2017 indicate that former Indiana-based Edward Jones broker/adviser Matthew Kerby was recently terminated from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kerby (CRD# 5381195).
Matthew Kerby has spent ten years in the securities industry and was registered with Edward Jones in Paoli, Indiana from 2007 through 2017. He has no previous registrations. He has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on September 13, 2007, and Series 7 (General Securities Representative Examination), which he obtained on August 29, 2007. He is currently not registered with any state or firm.
According to his BrokerCheck report, he was discharged from his former employer in connection to alleged rule violations.
In November 2017 he was terminated from his position at Edward Jones following allegations he misused client funds for his own benefit. For reference, FINRA Rules 2010 and 2150 prohibit the “Conversion or Improper Use of Funds or Securities,” specifying that conversion generally constitutes “an intentional and unauthorized taking of and/or exercise of ownership over property by one who neither owns the property nor is entitled to possess it.” Rule 2010 is considered to cover an array of unethical behaviors, such as the forgery of client signatures, the misappropriation of client monies, the disclosure of confidential or otherwise non-public client information, the affixation of client signatures to documents which they did not sign, and the downloading of confidential or non-public client data and its transmission to third parties, such as other broker-dealer firms.
If you or someone you know has a complaint regarding Matthew Kerby, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.