Christopher Lee Hibbard Allegedly Stole Client Funds & Made Unauthorized Transactions
Christopher Lee Hibbard, of Louisville, Kentucky, allegedly stole client funds and made unauthorized transactions, according to FINRA Reports under review by attorney Alan Rosca.
Hibbard reportedly has been fired by his Merrill Lynch after a client complaint led to an investigation which reportedly showed that Hibbard had allegedly committed fraud, stole from client accounts and made unauthorized transactions, FINRA notes.
Hibbard allegedly had worked at Merrill for seven-and-a-half years before being terminated on January 8, and has been a registered rep for almost 19 years, according to his FINRA BrokerCheck Report.
Attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Christopher Hibbard’s alleged unauthorized transactions and theft. Investors who believe they may have lost money in activity related to Christopher Hibbard’s alleged unauthorized transactions and theft are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Christopher Hibbard Barred by FINRA after Allegedly Failing to Respond to a FINRA Request for Information
Louisville Metro Police spokesman Dwight Mitchell said the FBI is investigating the case, which involved a client complaint which allegedly involved a money-market fund and a variable annuity, according to the aforementioned FINRA Reports under review by attorney Alan Rosca.
David Habich, chief counsel for the FBI in Louisville, declined to comment, citing Department of Justice policy, and the SEC would not comment on whether it is taking action against Christopher Hibbard, according to reports from Louisville.
Hibbard also allegedly fell under the scope of a FINRA investigation and allegedly failed to respond to a FINRA request for information, FINRA notes. Therefore, Hibard allegedly violated FINRA Rules and therefore has been barred by FINRA, FINRA notes.
Hibbard started at A.G. Edwards in April 1999, went to Morgan Keegan in 2004 and started at Merrill Lynch in July 2010, according to Hibbard’s BrokerCheck Report. The only marks on his record are his “employment separation” and the related customer dispute reported on December 29, 2017, his BrokerCheck also states.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Christopher Hibbard’s alleged unauthorized transactions and theft. 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 unauthorized transactions and theft may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at email@example.com, or through the contact form on this webpage.