John White – John Robert White, Financial Advisor Suspended from Securities Industry
Goodman & Nekvasil P.A., May Recover Investor Losses | John White – John Robert White, Financial Advisor Suspended from Securities Industry
John White is a currently licensed financial advisor with Frederick & Company, Inc in Pewaukee, Wisconsin. John White was previously licensed with Growth Capital Services, Inc. and ARI Financial Services, Inc. FINRA reports that John White was suspended from the securities industry for 7 months in April, 2019.
According to FINRA: FINRA reports that In June 2017, while John White was a registered representative with Growth Capital, John White acted through his approved outside business to negotiate a private placement engagement agreement with an issuer to facilitate a potential offering. John White signed the on behalf of his approved outside business, but before John White would receive a retainer fee of $5,000 from the issuer, the agreement was required to be signed by Growth Capital (which under the agreement was to, among other things, market any potential offering). John White signed the CEO of Growth Capital's name on the document, even though John White did not have the CEO's permission— nor did the CEO even know about the purported engagement agreement. By forging the CEO's signature, John White violated FINRA 2010. John White also used an unauthorized outside email address to communicate with the issuer about the agreement. John White typically deleted emails on his personal accounts on a weekly basis and as such, did not retain those business-related communications. By using an unauthorized, personal email address to conduct broker-dealer business and by failing to preserve those emails, John White prevented Growth Capital from maintaining all business-related communications as required under the FINRA rules, the Exchange Act and the applicable Exchange Act rules. By virtue of the foregoing, John White violated FINRA Rule 4511 and 2010.
If you lost money on investments with John White 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 John White 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 White 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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