KlaymanToskesColin Healy of Hightower Securities Suspended by FINRA
Summary
National investment loss lawyers KlaymanToskes reports broker/investment advisor Colin Jeremiah Healy (CRD# 4672687) has been suspended from acting as a broker or associating with a broker-dealer firm by the Financial Industry Regulatory Authority (“FINRA”). On June 14th, 2023, FINRA’s Department of Enforcement entered into a Letter of Acceptance, Waiver, and Consent (“AWC”) with Colin Healy, disclosing that Healy consented to sanctions of a one-year suspension from associating with any FINRA member in all capacities and a $10,000 fine. According to the AWC, the matter originated from FINRA’s review of a Form U5 amendment filed by Hightower Securities in July 2021. On July 5, 2021, Hightower filed a Form U5 amendment disclosing that the firm received an anonymous complaint which alleged Healy of using his firm credit card for personal expenses and that he “was terminated due to violations of the firm’s expense reimbursement policy.” Part of Healy’s work at Hightower Securities allegedly involved meeting business contacts at private clubs. Contact attorney Lawrence L. Klayman, Esq., to discuss your legal options at 888-997-9956 or by email at lklayman@klaymantoskes.com.