Nicholas Stephen Coubrough

Former Jefferies LLC broker Nicholas Stephen Coubrough (CRD #4678755) has been permanently barred by FINRA from associating with any FINRA member firm in all capacities after refusing to cooperate with an investigation into allegations of misconduct.

Coubrough was registered with Jefferies from May 2017 until December 2024, when the firm terminated his employment. According to his Form U5, Jefferies reported that Coubrough had sought improper payments from his financial advisor team in exchange for concealing their use of unauthorized communication channels. He was also accused of personally engaging in and deleting off-channel business communications.

In April 2025, FINRA launched an investigation based on a regulatory tip and the allegations outlined in the Form U5. When FINRA requested documents and information under Rule 8210, Coubrough acknowledged receipt of the request but refused to comply. His failure to respond constituted a violation of FINRA Rules 8210 and 2010, resulting in a permanent bar effective June 30, 2025.

Even though Coubrough is no longer registered, he remained under FINRA’s jurisdiction due to the timing of the alleged misconduct. The bar serves as a serious disciplinary action for noncompliance during a regulatory inquiry.

If you worked with Nicholas Coubrough and believe you may have suffered losses or were impacted by misconduct, contact ChapmanAlbin to learn more about your rights and potential avenues for financial recovery.

Call 1-877-410-8172 or visit chapmanalbin.com to schedule a free consultation.