Fred Quinn Jr.


March 21, 2017

Type of alert:


On February 16, 2017, registered general securities representative Frederick M. Quinn Jr. a/k/a Fred Quinn (CRD# 1199551), formerly associated with Allstate Financial Services, LLC (Allstate) in Toledo, Ohio, entered into a Letter of Acceptance, Waiver and Consent (AWC) to resolve allegations FINRA made against him regarding violations of securities industry rules. These allegations arose as a result of a FINRA investigation that began shortly after February 29, 2016, when Allstate filed a Form U5 reporting that Quinn was discharged for “loss of confidence after failure to disclose multiple judgements/liens.” As part of FINRA’s investigation of Quinn, it alleged that Quinn failed to disclose eleven liens, filed against him by the Internal Revenue Service and State of Ohio totaling $235,018, in his Form U4 between 2009 and 2014. By allegedly withholding this information from Allstate, Quinn was alleged to have violated Article V, Section 2 of FINRA By-Laws, and FINRA Rules 1122 and 2010. Additionally, FINRA claims that Quinn “signed two customers’ names on a letter of instruction requesting that a check be reissued by the transferring annuity company to the accepting annuity company as part of an annuity exchange,” in violation of FINRA Rule 2010.

By signing this AWC, Quinn consented, without admitting or denying the allegations made against him by FINRA, to a nine-month suspension from associating with any FINRA member in any capacity and a $10,000 fine.

Contact Us If You Believe You Have a Case

"*" indicates required fields


Please note: We are unable to take cases with losses of less than $50,000.

This field is for validation purposes and should be left unchanged.

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer