The Financial Industry Regulatory Authority (“FINRA”) has suspended financial advisor John O’Bannon for 15 business days over allegations that Mr. O’Bannon, while registered with Edward Jones in West Des Moines, Iowa, attempted to settle a customer complaint without the knowledge or approval of his firm. FINRA also fined Mr. Hansen $5,000.
Mr. O’Bannon was associated with Edward Jones from April 2017 to October 2020. Edward Jones terminated his employment on October 1, 2020, alleging that Mr. O’Bannon had been discharged for concerns that he tried to remedy a processing error in a client account by providing personal funds to the client.
Mr. O’Bannon has been registered with FSC Securities Corporation in West Des Moines, Iowa, since October 2020.
If you have lost money with broker John O’Bannon, Edward Jones, or FSC Securities Corporation, contact New York securities arbitration lawyers Iorio Altamirano LLP for a free and confidential review of your legal rights.
Iorio Altamirano LLP is a securities arbitration law firm based in New York, NY. We pursue FINRA arbitration claims nationwide on behalf of investors to recover financial losses arising out of wrongful conduct by financial advisors and brokerage firms.
You can reach securities arbitration lawyers August Iorio and Jorge Altamirano of Iorio Altamirano LLP at august@ia-law.com, jorge@ia-law.com, or toll-free at (855) 430-4010.