John Sullivan, Formerly of Brokers International Financial Services, Subject of FINRA Complaint

COLUMBIA, MARYLAND

Are you a former customer of John Sullivan, formerly with Brokers International Financial Services and International Assets Advisory in Columbia, Maryland?  The securities and investment fraud law firm of Israels & Neuman is reviewing allegations made by FINRA against John David Sullivan.  FINRA seeks to bar him from the securities brokerage industry because he failed to respond to a FINRA investigation.

FINRA investigated Sullivan after he was terminated by LexAurum Advisors, his investment advisory brokerage firm, in July 2020.  He had allegedly taken a loan from a customer of the advisory firm.  He was also alleged by FINRA to have engaged in a check kiting scheme. John Sullivan had a securities brokerage license with Brokers International Financial Services from October 2018 to July 2020, and with International Assets Advisory from July 2020 to November 2022.

Pursuant to FINRA Rule 8210, advisors must adequately and timely respond to FINRA investigations.  Likewise, FINRA Rule 3110 requires securities brokerage firms to adequately supervise their representatives.  If brokerage firms fail to provide sufficient supervision, the firms could be responsible for financial damages.

VIEW FINRA COMPLAINT HERE

 VIEW BROKERCHECK REPORT HERE

If you lost money with John Sullivan or Brokers International Financial Services, please Contact Us at 206-795-5798 for a free evaluation of your case.