Meyer Wilson is currently investigating former Fifth Third Securities broker Matthew Roger Quinn of Cincinnati over allegations that he improperly withdrew funds from customers' accounts.
Matthew Roger Quinn (CRD# 4478751) was barred from associating with any FINRA member firm after failing to provide information in connection with an investigation into his alleged misappropriation of customer funds.
According to Quinn's Letter of Acceptance, Waiver & Consent, FINRA was investigating the now-former Fifth Third Securities broker over allegations that, while he was a registered representative of Fifth Third Securities, he improperly withdrew funds from the accounts of at least three elderly bank customers – ages 76, 86, and 89. FINRA requested that Quinn formally appear to give testimony and information but, according to FINRA, Quinn did not cooperate with FINRA's request.
Quinn began working with Fifth Third Securities on May 17, 2013. His registration with Fifth Third was terminated only a short time later on November 1, 2013.
Meyer Wilson's investment fraud attorneys are actively investigating this case and believe that customers who Quinn stole money from may be able to recover all of their losses against Fifth Third Securities. Brokerage firms like Fifth Third Securities are required under industry rules to rigorously monitor all requests to transfer money out of customers' accounts. If Fifth Third Securities failed to properly monitor transfers from customers' brokerage accounts, then Fifth Third Securities may be held legally responsible for any improper transfers that Quinn orchestrated from those accounts.
Did you invest your money with Quinn or Fifth Third Securities? We invite you to contact Meyer Wilson today for a free review of your case. Our firm helps investors recover their losses caused by misconduct. Call today to learn how we might be able to help you.