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How to Bring a Claim Against Former J.J.B. Hilliard, W.L. Lyons, LLC Broker Mark Kregor

Posted on Tuesday, September 15th, 2020 at 7:03 pm    

J.J.B. Hilliard, W.L. Lyons, LLC

Were you the victim of former J.J.B. Hilliard, W.L. Lyons, LLC broker Mark Kregor (CRD# 2403684)? Kregor has been registered with Robert W. Baird & Co. Incorporated in Louisville, Kentucky since 2019. Previously, Kregor was registered with J.J.B. Hilliard, W.L. Lyons, LLC in Louisville, Kentucky from 2004 to 2019.

Kregor has been the subject of nine customer complaints between 2009 and 2020, one of which was denied, according to his CRD report:

February 2020. “The Statement of Claim alleges Mr. Kregor recommended unsuitable investments.” The case is currently pending. 

October 2018. “Client alleges over-concentration and lack of suitability within his accounts.” The customer sought $595,000 in damages and the case was settled for $200,000. The complaint was regarding common and preferred stocks and oil and gas investments. 

September 2018. “Claimant alleges violation of suitability rules with regard to certain securities from 2013 – 2016.” The customer sought $179,790.76 in damages and the case was settled for $87,500. The complaint was regarding oil and gas investments. 

August 2018. “The time period at issue is from 2010 to 2014. Claimants allege violation of suitability rules, negligence, failure to supervise, and negligent supervision.” The customer sought $185,358 in damages and the case was settled for $125,000. The complaint was regarding common and preferred stocks, equity OTC, and oil and gas investments. 

July 2017. “A representative for the client alleges unsuitable investments were made in the account.” The customer sought $262,366 in damages and the case was settled for $145,000. The complaint was regarding common and preferred stocks and derivatives. 

May 2017. “A former client alleges the registered representative made unsuitable investments. Alleged activity period between 6/2013 to 6/2016.” The customer sought $374,141 in damages and the case was settled for $170,000. The complaint was regarding equity OTC.

November 2016. “The client alleges she was sold unsuitable investments. Alleged Activity occurred between 01/2010 – 12/2014.” The case was settled for $100,000. The complaint was regarding common and preferred stocks and equity OTC.

May 2015. “Client alleges large concentration in Monitise stock (Monif) has caused losses in their accounts. Client also alleges the investment was not in line with their investment objectives. The alleged activity occurred between 5/13/2013 to 1/22/2015.” The customer sought $134,989 in damages and the case was settled for $50,000. The complaint was regarding equity OTC.

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, J.J.B. Hilliard, W.L. Lyons, LLC may be liable for investment or other losses suffered by Kregor’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.