Douglas Simanski, Financial Advisor Douglas Simanski Barred from Securities Industry
Goodman & Nekvasil P.A., May Recover Investor Losses | Douglas Simanski, Financial Advisor Douglas Simanski Barred from Securities Industry
Douglas Simanski Financial Advisor CRD #2606998
Douglas Simanski was a formerly licensed financial advisor with Next Financial Group, Inc. from 1999 to 2016. FINRA reports that Douglas Simanski was discharged from Next Financial Group, Inc. on May 17, 2016. Next Financial Group, Inc. reported to FINRA that Douglas Simanski allegedly sold fictitious investments and converted the funds for Douglas Simanski’s own personal use and benefit.
Douglas Simanski was barred from the securities and investment banking industry on June 10, 2016. FINRA reports that Douglas Simanski consented to the sanction and to the entry of findings that Douglas Simanski consented to the sanction and to the entry of findings that Douglas Simanski failed to provide documents and information as requested by FINRA Enforcement staff. The findings state that Enforcement staff sent Douglas Simanski a letter requesting that Douglas Simanski provide documents and information related to an investigation into allegations for conversion of funds, and Enforcement staff subsequently granted an extension of time for him to respond to the request letter. The findings state that Enforcement staff sent Douglas Simanski another letter requesting that Douglas Simanski provide the previously requested documents and information, and Douglas Simanski did not provide the requested documents and information by the specified date.
FINRA also reports that 21 complaints and/or arbitration claims involving Douglas Simanski’s conduct have previously been settled.
If you lost any money on investments with Douglas Simanski, you may be able to recover your losses from Next Financial Group, Inc. This is because Next Financial Group, Inc. had a duty to supervise Douglas Simanski.
If you lost money on investments with Douglas Simanski 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 Next Financial Group, Inc. concerning Douglas Simanski’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 Douglas Simanski 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.
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