John Greg Schmidt (John Schmidt), Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Goodman & Nekvasil P.A., May Recover Investor Losses | John Greg Schmidt (John Schmidt), Financial Advisor Barred from Securities Industry
John Schmidt was licensed with Wells Fargo Advisors Financial Network, LLC from 2006 to 2017. FINRA reports that JohnSchmidt was discharged from Wells Fargo Advisors Financial Network, LLC on October 24, 2017. Wells Fargo Advisors Financial Network, LLC reported to FINRA that Wells Fargo Advisors Financial Network disaffiliated with John Schmidt after allegations of unauthorized money movement between clients, and after the Firm was notified of an allegation of the existence of inaccurate account statements which appear not to have been generated or approved by the Firm.
John was barred from the securities and investment banking industry on March 5, 2018. FINRA reports that John Schmidt consented to the sanction and to the entry of findings that JohnSchmidt refused to respond to FINRA request for information.
If you lost any money on investments with John Schmidt, you may be able to recover your losses from . This is because Wells Fargo Advisors Financial Network, LLC had a duty to supervise John Schmidt.
If you lost money on investments with John Schmidt 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 Wells Fargo Advisors Financial Network, LLC. concerning John Schmidt’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 John Schmidt 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.
Keywords: John Schmidt, Broker, Fraud, Brokerage, Wells FargoBack to Blogs