Last Updated: November 2023 (Baltimore, MD)
Kevin Cory Investigation Summary
Here’s what you need to know about Baltimore, MD, stockbroker Kevin Cory:
- Name: Mr. Kevin Cory
- Current Employer: Barred from industry by FINRA.
- Previous Firms: R.F. Lafferty & Co., Chapin Davis, DB Alex Brown
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Baltimore, MD
- CRD 1716966
- Can Kevin Cory be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement or Award $250,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Kevin Cory As Your Stockbroker?
In 5/2023 FINRA permanently barred Kevin Cory from the securities industry and found that Cory intentionally misrepresented and omitted material facts in communications with former customers. The findings stated that Cory convinced a married couple to invest $500,000 of their retirement funds in a purported investment fund operated by Cory. The funds were not invested in the manner that Cory indicated in his sales pitch and the customers suffered losses.
In 10/2014 customers of Chapin, Davis were paid $250,000 to resolve allegations that Kevin Cory used funds intended to be invested on their behalf to fund his personal living expenses.
Allegations of Broker Misconduct Against Kevin Cory
Customers of Kevin Cory alleged the following wrongdoing in connection with the handling of customer accounts:
- Used funds intended for investment to fund personal living expenses
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Kevin Cory, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.