Anthony C. Gray– Misappropriation of Client Funds

investment fraud attorneysAnthony C. Gray Allegedly Misappropriated Approximately $138,000 from Two Elderly Customers at Edward Jones

Anthony C. Gray, from December 2013 through September 2015, allegedly misappropriated approximately $138,000 from two elderly customers at Edward Jones, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

Anthony C. Gray, beginning in December 2013, allegedly convinced an elderly couple, customers at Edward Jones, to transfer funds from their firm account to their personal banking account held away from the firm, the AWC notes.

Anthony C. Gray then also allegedly instructed the couple to provide him with blank checks from their personal banking account to allegedly pay fees for their firm accounts, and then Gray proceeded to make the checks payable to his person for to a business with which he was affiliated and then used the customers’ funds for his personal use, the AWC reports.

Anthony C. Gray Barred by FINRA

Anthony C. Gray, who allegedly misappropriated approximately $138,000 from the elderly customers over a nearly two-year period, violated FINRA Rules which state that brokers “shall observe high standards of commercial honor and just and equitable principles of trade.”

As a result, Gray has been barred in all capacities from associating with any FINRA member.

One should also note that, according to the AWC, Anthony C. Gray neither admitted nor denied any of the FINRA findings.

The Peiffer Rosca Wolf Securities Lawyers Are Helping Investors

The Peiffer Rosca Wolf securities lawyers assist investors who lose money as a result of misappropriation of funds. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of misappropriation of funds are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1234 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.