Harold Couglar, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Harold Couglar, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Harold Couglar was licensed with Montage Securities, LLC from 2012 to 2017. FINRA reports that Harold Couglar consented to the sanction and to the entry of findings that Harold Couglar failed to notify his member firms, in writing or otherwise, about outside securities accounts to which he had discretionary authority or the securities transactions he effected in those accounts, including buy and sell orders for common stock and bonds.

ACCORDING TO FINRA: The findings stated that Couglar did not notify the executing FINRA members of his association with his firms, in writing or otherwise. The outside accounts were joint or individual accounts held by individuals at other FINRA member firms. Couglar received $102,956 in compensation from the individuals who owned the accounts. More than 2,800 trades with a total value of more than $30 million were executed in the accounts. Couglar submitted compliance questionnaires to his firm in which he falsely stated that he did not have discretionary authority over any outside securities accounts belonging to non-family members. The findings also stated that Couglar prepared tax returns for individuals, who were not customers of his firm, without disclosing these activities to the firm, in writing or otherwise. Tax preparation services were not within the scope of Couglar's duties at the firm. Couglar received $27,255 in compensation from the individuals to whom he provided tax preparation services. Couglar submitted compliance questionnaires to his firm in which he falsely stated that he had fully disclosed his outside business activities.

If you lost money on investments with Harold Couglar 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 Harold Couglar’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 Harold Couglar 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 Exchange

 

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