Soreide Law Group obtained the following information, which is available to the public, on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2017.”
Toby McGrath (CRD #5437369, Woodbury, Connecticut) (aka: TOBY HINKLE, TOBY HINKLE MCGRATH)
was barred from association with any FINRA member in all capacities for allegedly converting over $1,600 of her member firm’s funds by using gift cards, originally purchased by the firm for business purposes, to purchase, without authorization, goods and services for her personal benefit.
(FINRA Case #2014043921201)
FINRA has barred Toby McGrath from acting as a broker or otherwise associating with firms that sell securities to the public.
According to FINRA’s BrokerCheck, which is available to the public and can be viewed online at FINRA’s website, Toby McGrath has 3 Disclosures on her FINRA report. Of these three Disclosures, one of the Disclosures was a “discharge” by her firm due to the above alleged use of gift cards from Lincoln Financial Distributors. According to the FINRA report, there was another Disclosure which McGrath allegedly, “did not properly maintain firm purchased gift cards that subsequently were used by an unauthorized person.” McGrath resigned from Prudential Annuitites Distributors.
Toby McGrath had 8 years of experience in the securities industry and was registered with the 2 following firms:
05/04/2015 - 06/02/2017 LINCOLN FINANCIAL DISTRIBUTORS, INC - HARTFORD, CT
02/18/2008 - 12/26/2014 PRUDENTIAL ANNUITIES DISTRIBUTORS, INC - SHELTON, CT
If you were a client of former Lincoln Financial Distributors of Harford, Connecticut broker, Toby McGrath, and experienced financial losses due to her actions or recommendations, contact Soreide Law Group for a no-cost consultation with an experienced securities attorney regarding the possible recovery of your losses at: 888-760-6552.
Soreide Law Group will represent you nationwide before FINRA. We operate on a contingency fee basis. Let our many years of experience work for you.
KEITH MICHAEL DAGOSTINO (KEITH M DAGOSTINO, KEITH DAGOSTINO) was fined $25,000.00 and suspended from acting as a broker by FINRA for 24 months with a start date of 1/5/2026 and end date of 1/4/2028. Dagostino was previously registered with EF HUTTON LLC of Woodbury, New York, from 10/30/2023 - 10/30/2024, and AEGIS CAPITAL CORP of […]
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against, AEGIS CAPITAL CORP. and their registered representative, WILLIAM J CARLTON (Respondents). The Claimant is in his 80s, retired, and living in South Florida. The lawsuit alleges negligence, misrepresentations, and breach of fiduciary duty, of AEGIS CAPITAL CORP and their registered […]
The recent Chapter 11 bankruptcy filing by Inspired Healthcare Capital (IHC) has sent shockwaves through the senior living investment community. For many retirees and 1031 exchange participants, what was marketed as a stable, income-producing real estate opportunity has turned into a complex legal battle for recovery. If you invested in an IHC-sponsored Delaware Statutory Trust […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com