Judy Healy Received a FINRA Sanction and a Customer Complaint

Judy HealyPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 15, 2017 indicate that former Florida-based Merrill Lynch broker/adviser Judy Healy has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Healy (CRD# 4000812).

Judy Healy has spent 15 years in the securities industry and was most recently registered with Merrill Lynch in Melbourne, Florida (1999-2015). She has no previous registrations. She is currently not registered with any state or firm.

According to her BrokerCheck report, she has received one FINRA sanction and one customer complaint, and was terminated from her former employer.

In June 2017 FINRA sanctioned her following allegations she “sold, or caused to be sold, initial public offerings (IPO) to an account, at her member firm, in which a restricted person had a beneficial interest.” FINRA’s findings state further: “Healy opened an account at the firm for her father and acted as the financial advisor of record. In Healy’s capacity as the financial advisor for this account she sold or caused to be sold, 53 IPOs to her father’s account. At the time of the sales, Healy’s father was a restricted person under FINRA Rule 5130 because he was her immediate family member.” She was issued a 45-day suspension and a fine of $25,000.

In 2016 a customer alleged Judy Healy, while employed at Merrill Lynch, recommended unsuitable investments and executed unauthorized trades. The complaint settled for more than $7,500.

In 2015 she was terminated from her position at Merrill Lynch following allegations of “conduct including the omission of facts in connection with the trading of new issues in a family member’s account.”

If you or someone you know has lost money investing with Judy Healy, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.

 

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