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Avery Byrd Was Issued a Three Month Suspension


Avery Byrd

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on May 12, 2017 indicate that New Jersey-based Toussaint Capital Partners broker Avery Byrd has been sanctioned by FINRA. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Byrd (CRD# 1609092).

Avery Byrd has spent 23 years in the securities industry and has been registered with Toussaint Capital Partners in Freehold, New Jersey since 2004. Previous registrations include First Montauk Securities in Red Bank, New Jersey; the Williams Capital Group in New York, New York; Braylock & Partners in New York, New York; Dean Witter Reynolds in Purchase, New York; Merrill Lynch in New York, New York; and Chemical Securities. He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); and Series 24 (General Securities Principal Examination). He is currently not registered with any US state or territory.

According to his BrokerCheck report, Avery Byrd has been sanctioned by FINRA.

In May 2017 FINRA sanctioned him following allegations he “willfully failed to disclose an unsatisfied judgment on his Form U4, entered against him and four entities that he owned for $392,370, plus pre-judgment interest, in connection with a civil lawsuit filed by a bank alleging that Byrd and the other defendants had failed to repay loans.” FINRA additionally found that “Byrd was aware of this judgment, against Byrd and his entities, because it was entered with his consent.” He was issued a three-month suspension which will commence on June 5, 2017.

If you or someone you know has lost money investing with Avery Byrd, call 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.