JOHN SIDNEY GAYNOE

JOHN SIDNEY GAYNOE is currently employed as a Broker and/or Investment Adviser at KOVACK SECURITIES INC. located at 201 EAST GOVERNMENT STREET, Ste 609, PENSACOLA, FL, 32502.

JOHN SIDNEY GAYNOE has worked at KOVACK SECURITIES INC. since June 19, 2017

Disclosure History

JOHN SIDNEY GAYNOE has 2 Disclosure Event(s).

Date: November 29, 2011
Category: Customer Dispute
Allegations: CLAIMANT ALLEGES INTER ALIA, FROM 2007 THROUGH 2010 THE FINANCIAL ADVISOR MADE UNSUITABLE AND OVER CONCENTRATED INVESTMENTS IN THE CLAIMANT'S ACCOUNTS.
Damage Amount Requested: $6,367,082.00
Settlement Amount: $850,000.00

Date: September 04, 2009
Category: Customer Dispute
Allegations: CLAIMANTS ALLEGE, INTER ALIA, THAT FROM 1999 TO FEBRUARY OF 2008 THE FINANCIAL ADVISOR MADE UNSUITABLE INVESTMENTS REGARDING THEIR TRUST ACCOUNT.
Damage Amount Requested: $175,000.00
Settlement Amount: $99,900.00
Broker Comment: THIS MATTER WAS SETTLED FOR BUSINESS PURPOSES, WITH NO ADMISSION OF LIABILITY BY THE FIRM OR BROKER. BROKER DID NOT CONTRIBUTE TO SETTLEMENT.

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

To view the full report for JOHN SIDNEY GAYNOE, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.