May 13, 2015

Former Huntington Bank Broker of Columbus Ohio Barred by FINRA for Misappropriation of Client Funds

business man holding his head with text asking questions about stock broker misconduct

BRYAN A. CARNAHAN (CRD# 3103811), a former broker with Huntington Bank in Hilliard, Ohio, was barred by FINRA early in May for allegedly stealing approximately $170,000 from a client's brokerage account to cover his other clients' investment losses.

FINRA reported that Carnahan had his client withdraw funds from her bank account and get cashier's checks for supposed investments. Then Carnahan had the cashier's check re-issued in multiple checks payable to his own personal accounts and the accounts of at least 13 clients who had investment losses. He allegedly deposited $149,000 into his client accounts and kept the remainder for himself. According to FINRA, this occured between September, 2013 through March 2015.

BRYAN A. CARNAHAN was permanently barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public. According to FINRA's BrokerCheck, he was previously registered with the following firms:

02/1999 - 03/2015 THE HUNTINGTON INVESTMENT COMPANY (CRD# 16986) - COLUMBUS, OH
08/1998 - 12/1998 JOHN HANCOCK DISTRIBUTORS, INC. (CRD# 468) - BOSTON, MA

If you suffered investment losses due to your broker or your financial advisor, call Soreide Law Group for a no-cost consultation on how to potentially recover those losses: 888-760-6552. We represent clients nationwide before FINRA.

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