March 17, 2020

Florida Broker, Gabriel William Hynes Barred

Broker barred by FINRA alert from Soreide law group

Soreide Law Group, based in Florida, obtained the following information on the former Florida broker from FINRA’s website under, “Disciplinary and Other FINRA Actions March 2020:”
Gabriel William Hynes (GABE HYNES) (CRD #3152541, Saint Augustine, Florida)
According to the FINRA report, an Acceptance, Waiver, and Consent (AWC) was issued in which Gabriel William Hynes was barred from association with any FINRA member in all capacities on January 7, 2020.
(FINRA Case #2018059098601)
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, Hynes has 6 Disclosures on his CRD report.  According to the FINRA report, Gabriel William Hynes was barred in January following allegations, “Without admitting or denying the findings, Hynes consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with its investigation of his sale of Future Income Payments, LLC's structured cash flow investments comprised of pension streams.”
Hynes also has 2 Customer Disputes that have settled.  One of those disputes settled on July 3, 2018 following allegations that, “Claimants allege that beginning in 2017, the RR (Registered Representative) misrepresented Future Income Payments, LLC (FIP) as a safe investment which would provide monthly payouts of 8% on a "guaranteed basis."  The settlement amount was, $1,425,000.00.
Gabriel William Hynes had been in the securities industry for 18 years and was listed with 4 firms, the most recent listed below:
03/12/2018 - 04/13/2018  KESTRA INVESTMENT SERVICES, LLC - ST. AUGUSTINE, FL
02/15/2018 - 02/22/2018  KESTRA INVESTMENT SERVICES, LLC - ST. AUGUSTINE, FL
01/18/2001 - 06/20/2017  NYLIFE SECURITIES LLC - ST AUGUSTINE, FL
If you’ve also suffered FIP losses due to the actions or recommendations of Gabriel William Hynes formerly of KESTRA INVESTMENT SERVICES, and NYLIFE SECURITIES, both of ST AUGUSTINE, FL, contact Soreide Law Group, conveniently based in Florida, and speak to a lawyer at no cost regarding the possible recovery of your financial losses through a FINRA arbitration at:  888-760-6552.
Soreide Law Group works on a contingency fee basis and represents our clients nationwide before FINRA.

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