Meyer Wilson Law Firm Investigating Claims Involving Stockbroker Kirsten Flynn Hawkins
The investment fraud lawyers of Meyer Wilson are investigating potential claims involving former stockbroker Kirsten Flynn Hawkins (CRD 2509324), of Staunton, Virginia, relating to her alleged misuse of customer funds and misrepresentations to customers.
At all relevant times, Ms. Hawkins was under the exclusive supervisory control of the brokerage firm of Suntrust Investment Services, Inc. ("Suntrust"). The lawyers at Meyer Wilson believe that investors who lost money because of Ms. Hawkins alleged misconduct may be able to recover all of their losses from Suntrust for its failure to properly supervise Ms. Hawkins and the activity in her customers' accounts.
According to court documents it is alleged that from August 2011 until August 2014, Ms. Hawkins improperly took money from Suntrust customers and used those funds to pay various living expenses, including utilities, rent, travel, jewelry, and clothing.
As of December 2014, Ms. Hawkins was no longer registered with Suntrust. According to her CRD report, she has a previous customer complaint regarding her failure to follow a customer's instructions. Ms. Hawkins also filed for bankruptcy in 2011.
Under securities industry rules, brokerage firms like Suntrust are required to carefully monitor all transactions in customer accounts in order to identify potential improper activity like what allegedly occurred in Ms. Hawkins' customers' brokerage accounts. Customers who suffer losses because of a brokerage firm's failure to supervise their accounts may bring formal claims against the brokerage firm, but such claims typically cannot be brought in court and instead are subject to mandatory arbitration through the Financial Industry Regulatory Authority, or FINRA.
If you lost money because of alleged misconduct by Ms. Hawkins, then you may be able to recover your losses by bringing mandatory arbitration claims against Suntrust. Please contact the experienced securities fraud lawyers at Meyer Wilson for a free review of your case. Since 1999, the lawyers of Meyer Wilson have represented investors in over 900 securities arbitration claims against brokerage firms and recovered millions of dollars on behalf of their clients.