Christopher Hibbard— Alleged Investment Fraud

Christopher L. Hibbard, an Ex-Louisville Investment Adviser for Merrill Lynch, Allegedly Operated a $4.4 Million Fraud Case

Christopher Hibbard, an ex-Louisville investment adviser for Merrill Lynch, allegedly operated a $4.4 million investment fraud scheme, according to Court Documents from the U.S. District Court for the Western District of Kentucky under review by investor rights attorney Alan Rosca.

Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Christopher Hibbard’s alleged investment fraud scheme. Investors who believe they may have lost money in activity related to Christopher Hibbard’s alleged investment fraud scheme are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Hibbard reportedly worked for Merrill Lynch for over seven years before he was purportedly fired in January and subsequently barred from acting as a broker by FINRA. Hibbard, if convicted, allegedly could face up to 20 years in prison and $250,000 in fines for the wire fraud charges and five years and $10,000 for the investment advisor fraud, FINRA notes.

Hibbard allegedly tried to hide his alleged scheme by providing false and misleading information to the clients, Court Documents note.

Hibbard Allegedly Concocted a Scheme by Making Unauthorizes Transfers of Funds from Accounts to His Personal Credit Card

Christopher Hibbard, from 2007 through December 2017, allegedly concocted a scheme to defraud clients by allegedly making unauthorized transfers of funds from their accounts to his personal credit card, according to the indictment filed in the U.S. District Court for the Western District of Kentucky under review by investor rights attorney Alan Rosca.

Hibbard’s most recent employer was Merrill Lynch, Pierce, Fenner & Smith Incorporated of Louisville, KY, from July 16, 2010 through January 26, 2018, and his previous employers include Morgan Keegan & Company, Inc., also of Louisville, and A. G. Edwards & Sons, Inc. of St. Louis, MO, according to his FINRA BrokerCheck profile.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Christopher Hibbard’s alleged investment fraud scheme. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Christopher Hibbard’s alleged investment fraud scheme may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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