Gary Raymond Gray - Gary Gray, Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Goodman & Nekvasil P.A., May Recover Investor Losses | Gary Raymond Gray - Gary Gray, Financial Advisor Suspended from Securities Industry
Gary Raymond Gray was a formerly licensed financial advisor with Wells Fargo Clearing Services, LLC. FINRA reports that Gary Raymond Gray was suspended for 3 months in December 2017.
ACCORDING TO FINRA: Gary Raymond Gray consented to the sanctions and to the entry of findings that Gary Raymond Gray exercised discretion in accounts maintained by eight of Gary Raymond Gray’s member firm's customers and effected approximately 236 discretionary trades without obtaining prior written authorization from the customers to exercise discretion in their accounts, and the firm had not approved any of the accounts for discretionary trading. The findings stated that Gary Raymond Gray falsely certified in his firm's 2016 Registered Association Compliance Questionnaire that he did not have any accounts in which he exercised trading discretion, including time and price discretion. Additionally, Gary Raymond Gray improperly marked a total of 12 order tickets for customers as "unsolicited," when they were in fact solicited transactions causing his firm to create and maintain inaccurate books and records.
If you lost money on investments with Gary Raymond Gray 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 concerning Gary Raymond Gray’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 Gary Raymond Gray 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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