John Hillman Timberlake

Background Of John Hillman Timberlake (CRD)

Timberlake entered the securities industry in November 1990 when he became associated
with a FINRA member firm. Between June 3, 1992, and January 9, 2012, Timberlake
was registered with FINRA as a general securities representative through his association
with a FINRA member firm. Between September 9, 2013, and April 6, 2016, Timberlake
was registered with FINRA as a general securities representative through his association
with SunTrust Investment Services, Inc. Finally, between July 21, 2016, and May 18,
2020, Timberlake was registered with FINRA as a general securities representative
through his association with Carter, Terry & Company, Inc.
On May 18, 2020, Carter, Terry & Company filed a Form U5 terminating Timberlake’s
registration with FINRA.
Although Timberlake is not currently associated with a FINRA member, FINRA retains
jurisdiction over him pursuant to Article V, Section 4 of FINRA’s By-Laws.
Respondent does not have any relevant disciplinary history.

Activity(s) Reported – John Hillman Timberlake

This matter originated from an arbitration filed by two customers.
Causing Two Firms’ Failure to Make and Preserve Books and Records
FINRA Rule 4511 requires member firms to “make and preserve books and records as
required under the FINRA rules, Exchange Act and the applicable Exchange Act rules.”
Securities and Exchange Act Section 17(a) and Rule 17a-4(b)(f) thereunder require that
broker-dealer firms keep originals of all communications relating to its business sent to or
received by customers for a period of three years. A violation of FINRA Rule 4511 is also a
violation of FINRA Rule 2010, which requires member firms and their associated persons to
observe high standards of commercial honor and just and equitable principles of trade.
Furthermore, SunTrust’s and Carter Terry’s policies and procedures prohibited registered
representatives from using text messages to communicate with the firms’ customers
regarding the firms’ business.
Over more than 5 years from at least March 2014 through August 2019, while associated
with two member firms, Timberlake used his personal cellular phone to exchange numerous
text messages with Customer 1 and Customer 2 about their accounts and investments.
Timberlake confirmed orders, communicated regarding specific securities and related news,
and texted the customers information about their profits and losses. Timberlake did not
forward any of these text messages to his employing firms.
Therefore, Timberlake violated FINRA Rules 4511 and 2010.
Violations of the Content Standards for Communications with the Public
FINRA Rule 2210(d)(1)(B) prohibits members from making false, exaggerated, unwarranted,
promissory, or misleading statements or claims in any communication.
A violation of FINRA Rule 2210 is also a violation of FINRA Rule 2010.
2
OVERVIEW
From March 2014 through August 2Dlg,while associated with nvo member ftrms,
Timberlake used his personal cellular phone to exchange numerous business and securitiesrelated text messages with two customers without providing copies to the ftrms, thereby
preventing the firms from preserving the communications. As a result, Timberlake violated
FINRA Rules 4511 and 2010.
In addition, from July 2018 through August 2019, Timberlake sent at least 10 text messages
to one customer that included promissory, exaggerated, unwarranted, and misleading
statements. As a result, Timberlake violated FINRA Rules 221O(dXl)(B) and 2010.
FACTB AND VIOLATIVE CONDIJCI
This matter originated from an arbitration filed by two customers.
Causine Two Firms’ Failure to Make and Preserve Books and Records
FINRA Rule 4511 requires member firms to “make and preserve books and records as
required under the FINRA rules, Exchange Act and the applicable Exchange Act rules.”
Securities and Exchange Act Section 17(a) and Rule 17a-4(b)(0 thereunder require that
brokerdealer firms keep originals of all communications relating to its business sent to or
received by customers for a period of three years. A violation of FINRA Rule 4511 is also a
violation of FINRA Rule 2010, which requires member firms and their associated persons to
observe high standards of commercial honor and just and equitable principles of trade.
Furthermore, SunTrust’s and Carter Terry’s policies and procedures prohibited registered
representatives from using text messages to communicate with the firms’ customers
regarding the firms’ business.
Over more than 5 years from at least March 2014 through August 2019, while associated
with t’wo member frms, Timberlake used his personal cellular phone to exchange numerous
text messages with Customer I and Customer 2 about their accounts and investments.
Timberlake confirmed orders, communicated regarding specific securities and related news,
and texted the customers information about their profits and losses. Timberlake did not
forward any of these text messages to his employing firms.
Therefore, Timberlake violated FINRA Rules 451I and 2010.
Violations of the Content Standards for Communicajio,ns with the,Public.
FINRA Rule 2210(dXlXB) prohibits members from making false, exaggerated, unwarranted,
promissory, or misleading statements or claims in any communication.
A violation of FINRA Rule 2210 is also a violation of FINRA Rule 2010.
From July 2018 through August 2019, Timberlake sent to Customer 1 at least 10 text
messages containing exaggerated, unwarranted, promissory, and misleading statements. For
example, Timberlake sent messages concerning an anticipated “major announcement,” that
appeared to promise profits or suggest that the security would increase in value, and
misleadingly implied that one equity’s performance could be similar to others referenced in
his text message.
Therefore, Timberlake violated FINRA Rules 2210(d)(1)(B) and 2010.

Can you expose the broker trying to trick you?

FINRA offers the free web tool BrokerCheck, which allows users to check a broker’s credentials, registration, and employment history. The disclosure part of BrokerCheck includes information on client conflicts, disciplinary proceedings, and specific financial and legal issues on the broker’s record.

Penalties And Sanctions

• a four-month suspension from associating with any FINRA member in any capacity and
• a $10,000 fine

The fine shall be due and payable either immediately upon reassociation with a member firm or
prior to any application or request for relief from any statutory disqualification resulting from
this or any other event or proceeding, whichever is earlier.
Respondent specifically and voluntarily waives any right to claim an inability to pay, now or at
any time after the execution of this AWC, the monetary sanction imposed in this matter.
Respondent understands that if he is barred or suspended from associating with any FINRA
member, he becomes subject to a statutory disqualification as that term is defined in Article III,
Section 4 of FINRA’s By-Laws, incorporating Section 3(a)(39) of the Securities Exchange Act
of 1934. Accordingly, he may not be associated with any FINRA member in any capacity,
including clerical or ministerial functions, during the period of the bar or suspension. See FINRA
Rules 8310 and 8311.
The sanctions imposed in this AWC shall be effective on a date set by FINRA.

Recent Activity(s)Of The Individual/Firm

From March 2014 through August 2019, while associated with two member firms,
Timberlake used his personal cellular phone to exchange numerous business and securitiesrelated text messages with two customers without providing copies to the firms, thereby
preventing the firms from preserving the communications. As a result, Timberlake violated
FINRA Rules 4511 and 2010.
In addition, from July 2018 through August 2019, Timberlake sent at least 10 text messages
to one customer that included promissory, exaggerated, unwarranted, and misleading
statements. As a result, Timberlake violated FINRA Rules 2210(d)(1)(B) and 2010.

How To Spot A Fraud Finance Advisor (Infographic)

How To Spot A Fraud Finance Advisor (Infographic) Like John Hillman Timberlake
How To Spot A Fraud Finance Advisor (Infographic)

Help For Victims Of John Hillman Timberlake

If you have lost funds because of misrepresentation, unsuitable investment, or unsuitable investment strategy from John Hillman Timberlake. Then you can take legal action and get justice. Fraud, Malpractice & dereliction of duty should not be taken lightly, especially in this industry. We highly suggest that you notify authorities or seek legal action if your financial advisor or brokerage firm fails to abide by FINRA’s rules are regulations.

Read about: Kishan Parikh

Financial advisors are regulatory & legally obligated to suggest (recommend) the most suitable investments/investment strategies to their clients. Their suggestions should have their client’s best interests and should be appropriate for their client’s goals and needs. Similarly, the brokerage firm which hires financial advisors also has a regulatory & legal obligation to keep a close watch and supervise their Financial Advisors’ practices & behavior. They need to make sure that the financial advisor is not being manipulative or having an unreasonable bias towards certain investments. If the financial advisor and/or the brokerage firm breaches these duties, then the client/customer may be entitled to a full or partial recovery of their losses.

Financial advisors need to have the interest of their clients when giving suggestions related to investments and investment strategies. Reasonable basis suitability requires the advisor to do their best to analyze & identify the risks and rewards associated with their suggested investment and/or investment strategy.

2.5 Total Score
Not Recommended!

John Hillman Timberlake has been involved in fraudulent activities and is an unsafe professional entity. We strongly recommend you avoid any association with such a shady figure.

Trust
2
Honesty & Transparency
3
Reliability
3
Experience
4
Reputation
3
Fees & Commission
3
Safety
2.5
CONS
  • Shady Activity
  • Swindling Activity Reported By Clients
  • Under Govt. Organization's Radar
  • High Risk of Fraud
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