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Written by 12:25 pm Blog, Current Investigations

James Garland Kennedy, Jr. Broker Investigation

James Garland Kennedy, Jr. Broker Investigation, featured by top securities fraud attorneys, The White Law Group

Financial Advisor James Garland Kennedy, Jr., Woodbury Financial Services, Madison, MS

Jim Kennedy Reportedly Barred after Failure to Provide Testimony in FINRA’s Investigation

According to a Letter of Acceptance, Waiver and Consent, The Financial Industry Regulatory Authority (FINRA) has reportedly barred James Garland Kennedy Jr. (Jim Kennedy) after he allegedly failed to provide information in FINRA’s investigation.

Without admitting or denying the findings, Kennedy consented to the sanction and to the entry of findings that he failed to provide documents and information requested by FINRA in connection with its investigation into a tip received. According to FINRA’s findings, “Kennedy provided partial but incomplete responses to FINRA’s requests, but subsequently ceased cooperating with its investigation and refused to produce additional documents and information.”

Kennedy’s member firm, Woodbury Financial Services, reportedly filed a Form U5 disclosing his termination, explaining that he was permitted to resign for engaging in an “unapproved outside business activity involving a financial transaction with a couple of clients,” according to FINRA.

Kennedy was reportedly registered with Woodbury in Madison, MS from 2007 until 2020. He has 1 customer complaint indicated by his broker record.

The White Law Group is investigating potential securities claims involving Kennedy and the liability his employers may have for failure to properly supervise him.

When brokers abuse client accounts or conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

Free Consultation with a Securities Attorney

If you are concerned about investments with James Garland Kennedy Jr., the securities attorneys of The White Law Group may be able to help you. For a free consultation with a securities attorney, please call 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.


Tags: , , , , , , , , Last modified: May 7, 2020