Dennis Allen Webb (Deno Webb) Suspended from Securities Industry and Fired by Cantella & Co., Inc. -- Goodman & Nekvasil P.A, May Recover Investor Losses
Goodman & Nekvasil P.A, May Recover Investor Losses - Dennis Allen Webb (Deno Webb) Suspended from Securities Industry and Fired by Cantella & Co., Inc.
From 2012 until Deno Webb’s firing in 2016, Deno Webb was licensed with Cantella & Co., Inc. According to FINRA’s records, Deno Webb was fired by Cantella & Co., Inc. on January 28, 2016. Cantella & Co., Inc. reported to FINRA that Deno Webb was terminated due to concerns that Deno Webb opened and traded a customer’s account at another member firm.
FINRA brought a disciplinary action against Deno Webb in 2016. Deno Webb consented to a 2-month suspension from the securities industry and a $10,000 monetary fine. Deno Webb consented to the entry of findings that Deno Webb, while associated with his member firm, assisted a customer with opening an account at another firm and placing trades in that account, at the request of and as an accommodation to that customer, without seeking and obtaining his employing firm’s approval. The findings stated that as part of the account-creation process, Deno Webb also completed the new account opening documentation and electronically signed the customer’s name on that documentation.
FINRA reports two arbitration claims/complaints were filed alleging sales practice violations against Deno Webb. The claims alleged unauthorized and/or excessive trading of unsuitable investments. The claims were settled for $235,000 and $62,500.
If you lost any money on investments with Deno Webb, you may be able to recover your losses from Cantella & Co., Inc. This is because Cantella & Co., Inc. had a duty to supervise Deno Webb.
If you lost money on investments with Deno Webb, 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 Cantella & Co., Inc., concerning Deno Webb’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 $170 million on behalf of victimized investors. If you lost money on any investments with Deno Webb 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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