Derek Lee Miller (Derek Miller) Barred from Securities Industry and Fired by Securities America, Inc. -- Goodman & Nekvasil P.A, May Recover Investor Losses

Goodman & Nekvasil P.A, May Recover Investor Losses - Derek Lee Miller (Derek Miller) Barred from Securities Industry and Fired by Securities America, Inc. 

From 2013 until Derek Miller’s firing in 2014, Derek Miller was licensed with Securities America, Inc. Derek Miller was previously licensed with Cambridge Investment Research, Inc.  According to FINRA records, Derek Miller was fired on September 26, 2014. Securities America, Inc. reported to FINRA that Derek Miller was fired after Derek Miller failed to follow firm policies and procedures relating to UIT sales practices.

Subsequent to Derek Miller’s firing, FINRA brought a disciplinary action against Derek Miller in 2016. Derek Miller consented to a bar from the securities industry. FINRA reports that Derek Miller consented to the entry of findings that Derek Miller refused to appear for on-the-record testimony requested by FINRA in connection with an investigation into potential unsuitable trading.

FINRA reports that an arbitration claim/complaint was filed alleging sales practice violations against Derek Miller. The claim alleged misappropriation of funds. The claim was settled for $24,187.15.

If you lost any money on investments with Derek Miller, you may be able to recover your losses from Securities America, Inc. and/or Cambridge Investment Research, Inc. This is because Securities America, Inc. and Cambridge Investment Research, Inc. had a duty to supervise Derek Miller.

If you lost money on investments with Derek Miller, 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 Securities America, Inc. and/or Cambridge Investment Research, Inc., concerning Derek Miller’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 Derek Miller 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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