{"id":2548,"date":"2025-09-25T07:17:20","date_gmt":"2025-09-25T07:17:20","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/?post_type=disciplinary_actions&p=2548"},"modified":"2025-10-15T22:15:52","modified_gmt":"2025-10-15T22:15:52","slug":"finra-bars-broker-john-girgis","status":"publish","type":"disciplinary_actions","link":"https:\/\/www.silvermillerlaw.com\/finra-disciplinary-actions\/finra-bars-broker-john-girgis\/","title":{"rendered":"FINRA Bars Former Worden Capital and SW Financial Broker John Girgis"},"content":{"rendered":"
The Financial Industry Regulatory Authority (<\/span>FINRA<\/b>) has <\/span>barred Red Bank, New Jersey broker and investment advisor John Girgis (CRD #5021526<\/a>)<\/b> after he refused to cooperate with an investigation into his <\/span>outside business activities and trading practices<\/b> involving customer accounts.<\/span><\/p>\n Girgis, who has 19 years of industry experience, was most recently registered as a broker with <\/span>Garden State Securities<\/b> and as an investment advisor with <\/span>Garden State Investment Advisory Services<\/b>. His previous affiliations include <\/span>Worden Capital Management<\/b>, <\/span>SW Financial<\/b>, and several other firms.<\/span><\/p>\n According to a <\/span>Letter of Acceptance, Waiver, and Consent (No. 2019060753512)<\/b> filed in September 2025, FINRA requested that Girgis provide on-the-record testimony as part of its investigation. Through his counsel, Girgis informed FINRA that he would not appear.<\/span><\/p>\n FINRA determined that his refusal violated <\/span>FINRA Rules 8210 and 2010<\/b>, which require members and associated persons to cooperate fully in regulatory investigations. As a result, Girgis was <\/span>barred from associating with any FINRA member firm in any capacity.<\/b><\/p>\n FINRA\u2019s <\/span>BrokerCheck<\/b> database shows that Girgis has faced multiple investor complaints over his career. A 2022 complaint alleged <\/span>churning, excessive commissions, unauthorized trading, negligence, breach of contract, and fraud<\/b> while he was associated with Worden Capital Management. The case settled in 2023 for $14,999.<\/span><\/p>\n While Girgis denied any wrongdoing and publicly claimed the allegations were false, the settlement and subsequent FINRA bar highlight the risks investors face when brokers engage in potentially excessive or unsuitable trading.<\/span><\/p>\n FINRA\u2019s action against Girgis underscores the importance of <\/span>monitoring broker activity and verifying disciplinary records<\/b>. Investors can review their broker\u2019s employment history, licensing status, and prior complaints through <\/span>FINRA\u2019s BrokerCheck<\/b> before making investment decisions.<\/span><\/p>\n If you invested with <\/span>John Girgis<\/b>, <\/span>Worden Capital Management<\/b>, or <\/span>SW Financial<\/b>, and believe you suffered losses due to misconduct, you may be entitled to recovery.<\/span><\/p>\nRefusal to Cooperate Led to Permanent Bar<\/b><\/h3>\n
Prior Complaints and Allegations<\/b><\/h3>\n
Investor Awareness and Protection<\/b><\/h3>\n
Silver Miller Represents Investors Nationwide<\/b><\/h3>\n