Darwin Hayle Barred from Securities Industry and Fired by PFS Investments Inc. -- Goodman & Nekvasil P.A, May Recover Investor Losses

Goodman & Nekvasil P.A, May Recover Investor Losses - Darwin Hayle Barred from Securities Industry and Fired by PFS Investments Inc. 

From 2005 until Darwin Hayle’s firing in 2013, Darwin Hayle was licensed with PFS Investments Inc. According to FINRA records, Darwin Hayle was fired on February 25, 2013. PFS Investments Inc. reported to FINRA that Darwin Hayle was fired after the firm obtained information indicating that Darwin Hayle had misappropriated funds from a client.

Subsequent to Darwin Hayle’s firing, FINRA brought a disciplinary action against Darwin Hayle in 2013. FINRA reports that Darwin Hayle was barred from the securities industry after Darwin Hayle failed to respond to FINRA’s request for information.

FINRA reports that the Florida Office of Financial Regulation brought an enforcement action against Darwin Hayle barring Darwin Hayle from registration with the Office of Financial Regulation and ordering Darwin Hayle to pay a $42,500 administrative fine. The Florida Office of Financial Regulation entered a Final Order against Darwin Hayle following an Administrative Complaint, which alleged Darwin Hayle offered and sold unregistered securities, engaged in prohibited business practices and conducted fraudulent securities transactions.

FINRA also reports two arbitration claims/complaint were filed alleging sales practice violations against Darwin Hayle. The claims alleged that Darwin Hayle solicited $10,000 for investment in a non-PFS investment product and that the money was never invested and/or that Darwin Hayle borrowed money from claimant under the guise of a “SBA” loan. The claims were settled.

If you lost any money on investments with Darwin Hayle, you may be able to recover your losses from PFS Investments Inc. This is because PFS Investments Inc. had a duty to supervise Darwin Hayle.

If you lost money on investments with Darwin Hayle, 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 PFS Investments Inc., concerning Darwin Hayle’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 yearsGoodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on any investments with Darwin Hayle 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: Darwin Hayle, PFS Investments, FINRA, 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.
4 + 11 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.