John Thomas Hardiman, a Janney Montgomery Scott broker and investment adviser representative, is the subject of multiple customer dispute disclosures reported on his FINRA BrokerCheck profile.

According to FINRA BrokerCheck, Hardiman is currently registered with Janney Montgomery Scott LLC. His BrokerCheck report lists 4 customer dispute disclosures and 1 termination disclosure.

Official sources: FINRA BrokerCheck profile for John Thomas Hardiman (https://brokercheck.finra.org/individual/summary/2089333); FINRA BrokerCheck report PDF (https://files.brokercheck.finra.org/individual/individual_2089333.pdf)

Hardiman has been registered with Janney Montgomery Scott LLC since August 2017 in Melville, New York. His BrokerCheck report also lists prior registrations with Merrill Lynch, Pierce, Fenner & Smith Incorporated, A.G. Edwards & Sons, UBS PaineWebber, and Continental Broker-Dealer Corp.

Pending Customer Disputes

FINRA BrokerCheck reports two pending customer disputes involving Janney Montgomery Scott.

One pending FINRA arbitration alleges that the claimants’ accounts were unsuitably invested. The product type is listed as mutual fund. Alleged damages are listed as $100,000, with the explanation that alleged damages are between $100,000 and $500,000. The matter is reported as FINRA arbitration docket number 26-01125.

Another pending customer dispute alleges that the claimants’ accounts were unsuitably invested. The product type is also listed as mutual fund. Alleged damages are listed as $660,000. The matter is reported as FINRA arbitration docket number 25-01712.

Prior Customer Disputes

FINRA BrokerCheck also reports a prior denied customer dispute involving Janney Montgomery Scott.

The customer alleged that the advisor misrepresented the characteristics of investments recommended for the client’s accounts between December 2024 and June 2025. The product type is listed as mutual fund. Alleged damages were listed as $5,000, and the complaint was denied in January 2026.

BrokerCheck also reports a prior withdrawn customer dispute involving Merrill Lynch. The customer alleged unauthorized trading in June 2013. The product type is listed as mutual fund. According to the BrokerCheck report, the customer confirmed that the trades in question were authorized and withdrew the complaint.

Termination Disclosure

FINRA BrokerCheck reports a termination disclosure involving PaineWebber.

The termination type is listed as permitted to resign. The allegation states that Hardiman signed his wife’s name on an option agreement for a joint account. The product type is listed as No Product. According to the broker statement included in the BrokerCheck report, no trades were executed, and the original signature was brought in the following day.

Why These Disclosures Matter

The pending disputes reported on Hardiman’s BrokerCheck profile involve mutual fund suitability allegations.

Mutual funds are often considered relatively familiar investment products, but they can still raise suitability issues depending on the fund type, concentration, costs, risk profile, tax consequences, investment objective, and how the fund was used within the overall portfolio.

When investors allege that accounts were unsuitably invested, the review often focuses on whether the recommendations matched the investor’s risk tolerance, time horizon, liquidity needs, investment objectives, and financial condition.

These issues may also raise questions about whether the brokerage firm properly supervised the recommendations and whether the investor received adequate explanations of the risks and characteristics of the investments.

Important Note for Investors

The allegations reported in FINRA BrokerCheck are allegations only unless and until they are resolved through a final regulatory, civil, arbitration, or court determination. Pending customer disputes have not been proven, and denied or withdrawn matters may be closed without any finding of wrongdoing.

However, investors who suffered losses in mutual funds or other investments recommended through Janney Montgomery Scott or a related financial professional may wish to review their account records and speak with an investment loss recovery attorney.

Sonn Law Group represents investors in claims involving unsuitable investments, mutual fund losses, broker misconduct, misrepresentation, overconcentration, and failure-to-supervise claims.

Investors who suffered losses involving unsuitable investment recommendations may contact Sonn Law Group to discuss potential recovery options.