FINRA Sanctions John Griner

Soreide Law Group is investigating possible investor claims against John Griner (also known as John Frederick Griner) (CRD: 1024669, Athens, Georgia). Notably, FINRA sanctioned the securities broker, who worked for Morgan Stanley. Allegedly, Griner engaged in discretionary trading. Here is a brief summary of FINRA’s allegations against Griner. However, please note that Griner denies the allegations against him.

FINRA Sanctions John Griner For Discretionary Trading

Evidently, on January 7, 2021, FINRA issued Case: 2019064538201 sanctioning John Griner for infractions. Specifically, Griner received a 15-day suspension and a $5,000 fine. Namely, FINRA alleged that Griner engaged in discretionary trading. Supposedly, he initiated multiple trades prior to speaking with clients. FINRA says that clients did not provide him with any written permission for discretionary trading. Also, Morgan Stanley did not accept those client accounts for discretionary trading.

Morgan Stanley Terminates Griner For Potential Unauthorized Trading

Also, on October 29, 2019, Morgan Stanley disaffiliated with Griner. Particularly, Morgan Stanley alleged that Griner engaged in possible unauthorized trading.

A. G. Edwards Sons Inc. Investor Accuses John Griner Of Unauthorized Trading

Evidently, a client of A. G. Edwards Sons Inc. contested John Griner’s sales practices, according to a complaint dated August 28, 2001. Allegedly, Griner engaged in unauthorized trading. Supposedly, Griner caused the client to sustain damages. Therefore, the client sought compensatory relief from A. G. Edwards Sons Inc. or Griner. However, A. G. Edwards Sons Inc. denied the complaint.

Griner Employment Information

• Griner worked for Benjamin F. Edwards Company Inc., in Point Alpharetta, GA, as a securities broker from November 2019 to December 2022.
• Griner worked for Morgan Stanley in Athens, GA, as a securities broker from March 2011 to November 2019.

Damages Resulting From Morgan Stanley Securities Broker John Griner?

Incurred damages by investing with John Griner? If so, contact Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has helped recover money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Griner and brokerage firms Griner worked for deny any and all allegations of sales practice violations.