oreide Law Group obtained the following information from FINRA’s website, which is available to the public, under “Disciplinary and Other FINRA Actions March 2010.”
John Joseph Cahill (CRD #1240551, Mahwah, New Jersey)
According to the FINRA report, an Acceptance, Waiver and Consent (AWC) was issued in which John Joseph Cahill was barred from association with any FINRA member in all capacities on January 2, 2020.
Without admitting or denying FINRA’s findings, John Joseph Cahill consented to the sanction and to the entry of findings that he refused to provide documents and information and to appear and provide on-the-record testimony requested by FINRA in connection with an investigation into allegations that he commingled and/or converted funds belonging to, and served as power-of-attorney for, an elderly individual who was his client while he was associated with his former member firm.
(FINRA Case #2019061661601)
John Joseph Cahill was formerly registered with Janney Montgomery Scott LLC of Upper Saddle River, New Jersey. According to FINRA’s BrokerCheck Report, John J. Cahill was discharged from Janney Montgomery Scott in March of 2019, following allegations that he was, “Discharged while under Internal Review regarding Registered Representative’s receipt of funds while acting as POA for a client Registered Representative serviced at prior firm.”
In August of 2013, according to BrokerCheck, Cahill voluntarily resigned from Morgan Stanley Wealth Management following allegations that, “Employee’s compliance with requirement to contact client prior to executing securities transaction.”
According to FINRA’s BrokerCheck, John Joseph Cahill has 4 Disclosures on his CRD report. Cahill had been in the securities industry for 34 years and was registered with 4 firms, the most recent listed below:
10/28/2013 – 03/05/2019 JANNEY MONTGOMERY SCOTT LLC – UPPER SADDLE RIVER, NJ
06/01/2009 – 09/09/2013 MORGAN STANLEY – PARAMUS, NJ
If you or an elderly loved one have experienced financial losses due to the actions or recommendations of John Joseph Cahill formerly of Morgan Stanley of Paramus, New Jersey and Janney Montgomery Scott of Upper Saddle River, New Jersey, contact Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents clients nationwide and operates on a contingency fee basis—no fee to you if no recovery.