Galvin Legal, PLLC is launching an investigation on behalf of investors who may have suffered losses investing with Aaron Sheehy. If you suffered losses investing with Aaron Sheehy, then Galvin Legal, PLLC may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
Aaron Sheehy (CRD# 1847401)
As of April 9, 2020, Aaron Sheehy’s FINRA BrokerCheck Report contains the following:
Disclosure Events
1 Customer Dispute(s)
1 Regulatory Event(s)
1 Employment Separation After Allegations
UPDATE 1/17/2020: Aaron F. Sheehy (CRD #1847401, Hillsborough, New Jersey) January 17, 2020 – An AWC was issued in which Sheehy was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for 20 business days. Without admitting or denying the findings, Sheehy consented to the sanctions and to the entry of findings that he exercised discretion in a customer’s account by accepting trade instructions from the customer’s son, an unauthorized third party, without the customer’s written authorization and without his member firm having approved the account for discretionary trading. The findings stated that Sheehy mistakenly believed that the son, who was also his customer, was an authorized party on the account. In addition, Sheehy was not forthcoming about his misconduct when initially questioned by his firm. The suspension was in effect from January 21, 2020, through February 18, 2020. (FINRA Case # 2018057649201)
Current and Previous Registrations
06/01/2009 – 03/02/2018 MORGAN STANLEY (CRD#:149777) NEW YORK, NY
11/28/1997 – 06/01/2009 CITIGROUP GLOBAL MARKETS INC. (CRD#:7059) NEW YORK, NY
04/13/1992 – 09/01/1998 SALOMON BROTHERS INC. (CRD#:740) NEW YORK, NY
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses investing with Aaron Sheehy and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
This information is all publicly available and is being provided to you by Galvin Legal, PLLC.
Galvin Legal, PLLC is a national securities arbitration, securities mediation, securities litigation, securities fraud, securities regulation and compliance, and investor protection law practice. For more information on Galvin Legal, PLLC and its representation of investors, please visit www.galvinlegal.com or call 1-800-405-5117.
