Daniel Lee Hudson (Daniel Hudson) Formerly Licensed with Pruco Securities, LLC and Suspended from Securities Industry – Goodman & Nekvasil P.A., May Recover Losses on Natural Resources Gateway Group and/or Other Investments

Goodman & Nekvasil P.A., May Recover Losses on Natural Resources Gateway Group and/or Other Investments - Daniel Lee Hudson (Daniel Hudson) Formerly Licensed with Pruco Securities, LLC and Suspended from Securities Industry

From 2000 until 2012, Daniel Hudson was licensed with Pruco Securities, LLC. According to FINRA’s records, Daniel Hudson resigned from Pruco Securities, LLC on January 27, 2012. Pruco Securities, LLC reported to FINRA that Daniel Hudson did not disclose or obtain the Firm’s approval for outside business activity and did not notify the Firm of Daniel Hudson’s participation in a private securities transaction.

Subsequent to Daniel Hudson’s resignation from Pruco Securities, LLC, FINRA investigated Daniel Hudson and brought a disciplinary action against Daniel Hudson. Daniel Hudson was fined $5,000 and suspended for six months from the securities and investment banking industry by the Financial Industry Regulatory Authority (FINRA) on February 7, 2014. FINRA reports that Daniel Hudson consented to the sanctions and to the entry of findings that Daniel Hudson established and began operating Natural Resources Gateway Group, a wind energy development company, incorporated in Montana. According to FINRA, the Firm policies and procedures prohibited representatives from engaging in private securities transactions without prior notice and approval from the Firm.

According to FINRA, Daniel Hudson was the sole owner and officer of Natural Resources Gateway Group. During Daniel Hudson’s association with Pruco Securities, LLC, FINRA reports that Daniel Hudson facilitated the investment by four individuals, two of who were firm customers, in Natural Resources Gateway Group. Together, according to FINRA, the four individuals invested $104,000 in Natural Resources Gateway Group. According to FINRA, these transactions were outside the regular course and scope of Daniel Hudson’s employment with the firm and occurred without the firm’s knowledge or permission. Specifically, FINRA reports that firm customer “BH” invested $39,000; firm customer “BC” invested $13,000 and “TC” and “AI” each invested $26,000 in Natural Resources Gateway Group. According to FINRA, Daniel Hudson never informed the Firm of Daniel Hudson’s participation in these Natural Resources Gateway Group investments.

If you lost any money on Natural Resources Gateway Group and/or other investments with Daniel Hudson, you may be able to recover your losses from Pruco Securities, LLC. This is because Pruco Securities, LLC had a duty to supervise Daniel Hudson.  

If you lost money on Natural Resources Gateway Group and/or other investments with Daniel Hudson 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 Pruco Securities, LLC concerning Daniel Hudson’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 Natural Resources Gateway Group and/or other investments with Daniel Hudson 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: Daniel Lee Hudson, Daniel Hudson, FINRA, Pruco Securities, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, Securities 

Back to Blogs

Contact Us For a Free Consultation

 
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
3 + 17 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.