David Olson - David Warren Olson, Financial Advisor Barred from Securities Industry
David Olson - David Warren Olson, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
From 2010 until David Olson’s discharge in 2016, David Olson was licensed with Morgan Stanley in St. Petersburg, Florida. According to FINRA’s records, David Olson was discharged from Morgan Stanley on December 20, 2016. Morgan Stanley reported to FINRA that David Olson was discharged after an allegation David Olson engaged in an outside business activity that was not presented to the Firm for approval and solicited a loan from a client for that venture.
Subsequent to David Olson’s discharge from Morgan Stanley FINRA investigated David Olson and brought a disciplinary action against David Olson. David Olson was barred from the securities and investment banking industry on March 28, 2018. FINRA reports that David Olson consented to the sanction and to the entry of findings that after initially cooperating with FINRA’s investigation, David Olson refused to provide certain documents and information in response to FINRA requests for additional documents and information. The findings stated that FINRA began an investigation regarding allegations that David Olson was involved in an undisclosed outside business activity and that David Olson solicited a loan from David Olson’s member firm’s customer for that outside business activity.
If you lost money on investments with David Olson and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Morgan Stanley concerning David Olson’s conduct. 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.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with David Olson 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.
Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock ExchangeBack to Blogs