Former J.P. Turner Stockbroker Robert E. Gill Fined and Suspended From Securities Industry

According to the Financial Industry Regulatory Authority (FINRA) former J.P. Turner & Company, LLC (J.P. Turner) broker Robert E. Gill (Gill) entered into a Letter of Acceptance, Waiver and Consent (Letter of Acceptance) with the FINRA Department of Enforcement regarding allegations made regarding allegations made against Gill for violation of securities industry rules.

Gill has been registered with the securities industry since 1996. From October 1998 until May 2003, Gill was registered with Grayson Financial LLC. He was registered with J.P. Turner from April 2003 until October 2013.

As a result of entering into the Letter of Acceptance Gill was suspended from the securities industry for 30 days and fined $5,000. Gill allegedly borrowed $100,000 from a customer without notifying his employer at the time, J.P. Turner.

In addion, Gill has had four (4) customer complaints against him involving allegations of unsuitable investment recommendations, churning and misrepresentations. Three of the four customer complaints reportedly resulted in settlements of approximately $700,000 each.

If you believe you have been the victim of stockbroker misconduct, you may wish to consult an attorney to find out more about your legal rights and options. Investors may contact a securities arbitration attorney at Law Office of Christopher J. Gray, P.C. at (866) 966-9598 or newcases@investorlawyers.net for a no-cost, confidential consultation.