Former Fidelity Broker/Advisor Eric J. Stone Barred by FINRA
Summary
National investment fraud lawyers KlaymanToskes reports that former Fidelity Brokerage Services broker/investment advisor Eric James Stone (CRD# 5227654) has been permanently barred from acting as a stockbroker or associating with a broker-dealer firm by the Financial Industry Regulatory Authority (“FINRA”). According to the AWC, the matter originated from FINRA’s examination of a Form U5 (Uniform Termination Notice for Securities Industry Registration) filed by Fidelity Brokerage Services naming Stone, dated June 29, 2021. An additional disclosure on Stone’s BrokerCheck Report discloses an outstanding $33,975 tax lien with the Internal Revenue Service (“IRS”) in Florida’s St. Johns County Court in St. Augustine, FL. Under FINRA Rule 8210, all brokerage firms and registered financial professionals are required to provide information, documents, and testimony upon regulators’ requests. Former customers of Eric James Stone that loaned him money or who have experienced significant investment losses are encouraged to contact securities attorney Lawrence L. Klayman, Esq.