Former Lincoln Financial Distributors of Harford, Connecticut broker, Toby McGrath, Barred by FINRA

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.