Curtis C. Randle-El III (Curtis Randle-El) Suspended from Securities Industry and Fired by PNC Investments -- Goodman & Nekvasil P.A, May Recover Investor Losses
Goodman & Nekvasil P.A, May Recover Investor Losses - Curtis C. Randle-El III (Curtis Randle-El) Suspended from Securities Industry and Fired by PNC Investments
From 2009 until Curtis Randle-El’s firing in 2011, Curtis Randle-El was licensed with PNC Investments. Curtis Randel-El was subsequently licensed with Cambridge Investment Research, Inc., Cetera Advisors LLC and Coastal Equities, Inc. Curtis Randle-El is now licensed with International Assets Advisory, LLC. According to FINRA records, Curtis Randle-El was fired on June 3, 2011. PNC Investments. reported to FINRA that Curtis Randle-El was fired following an investigation by the firm, it was determined that Curtis Randle-El had violated firm policy by signing a client’s initial on a form that designated the client’s beneficiary in order to expedite processing.
Subsequent to Curtis Randle-El’s firing, FINRA brought a disciplinary action against Curtis Randle-El in 2017. Curtis Randle-El consented to a 3-month suspension and a $5,000 monetary fine. FINRA reports that Curtis Randle-El consented to the entry of findings that Curtis Randle-El recommended and effected short-term trades involving Class A mutual fund shares and UITs for the accounts of elderly customers with conservative investment objectives without having a reasonable basis for believing that such transactions were suitable. The findings stated that even though mutual funds and UITs are intended as longer-term investments, Curtis Randle-El recommended that the customers sell these products after an average of only 60 days. The findings state that as a result of these transactions, the customers suffered losses of approximately $33,185.
FINRA reports that an arbitration claim/complaint was filed alleging sales practice violations against Curtis Randle-El. The claim alleged that Curtis Randle-El engaged in excessive trading to generate commissions rather than working in the client’s best interest. The claim was settled $5.411.98.
If you lost any money on investments with Curtis Randle-El, you may be able to recover your losses from PNC Investments, Cetera Advisors LLC, Coastal Equities, Inc., International Assets Advisory, LLC and/or Cambridge Investment Research, Inc. This is because PNC Investments, Cetera Advisors LLC, Coastal Equities, Inc., International Assets Advisory, LLC and Cambridge Investment Research, Inc. had a duty to supervise Curtis Randle-El.
If you lost money on investments with Curtis Randle-El, and believe that 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 PNC Investments, Cetera Advisors LLC, Coastal Equities, Inc., International Assets Advisory, LLC and/or Cambridge Investment Research, Inc., concerning Curtis Randle-El’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 $300 million on behalf of victimized investors. If you lost money on any investments with Curtis Randle-El 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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