Cornelius Peterson Charged by SEC | Goodman & Nekvasil P.A. May Recover Investor Losses
Goodman & Nekvasil P.A. May Recover Investor Losses | Cornelius Peterson Charged by SEC
SEC Charges Cornelius Peterson
The Securities and Exchange Commission announced today the entry of a final judgment against Cornelius Peterson, a former investment adviser at a large financial institution who was charged with misappropriating client funds.
On January 31, 2018, the Commission filed a complaint in the United States District Court for the District of Massachusetts charging Cornelius Peterson and his former colleague, James Polese with securities fraud for engaging in various schemes to defraud their clients, including fraudulently misappropriating $350,000 of their client's money, using $100,000 of those funds to make investments in their own names, and directing the remaining $250,000 to James Polese's personal bank account and investing $100,000 of another client's funds into an investment in which Cornelius Peterson and James Polese held a financial interest, without informing the client or disclosing their conflict of interest.
Investors with Cornelius Peterson May Recover Investment Losses
If you invested with Cornelius Peterson, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
If you incurred investment losses with Cornelius Peterson and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.Back to Blogs