FINRA Seeks Cease and Desist Order against John Carris Investments for Fraud

FINRA filed for a Temporary Cease and Desist Order against John Carris Investments, LLC ("JCI") and its CEO, George Carris, to immediately halt solicitations of its customers to purchase Fibrocell stock without making proper disclosures. FINRA alleges that JCI fraudulently solicited its customers to buy Fibrocell stock without disclosing that, during that same time period, Carris and another firm principal were selling their shares.

See: FINRA News Release.