FINRA Sanctions & Allegations of Misconduct

FINRA barred Patrick Emanuel Sutherland (CRD #3042322) located in Charlotte, North Carolina for actively engaging in the management of his FINRA member firm, and engaged in activities on behalf of it which required securities registration while he was statutorily disqualified as a result of felony convictions, and while his FINRA registrations were terminated. He was also engaged in clerical and managerial functions on behalf of the firm, including arranging for branch office examinations, communicating with firm vendors and recruiting registered representatives and participated in personnel decisions on behalf of the firm, including negotiating terms of employment with the firm’s co-chief compliance officer (CCO) and directing its chief executive officer (CEO) regarding compensation of the firm’s staff.

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered losses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Innovative Partners LLC, or Patrick Sutherland, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies, and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.