Gabe Block, Financial Advisor Gabe Block Suspended from Securities Industry
Gabe Block, Financial Advisor Gabe Block Suspended from Securities Industry | Goodman & Nekvasil P.A, May Recover Investor Losses
Gabe Block, Gabriel Block CRD #2103543
Gabe Block has been licensed with First Standard Financial Company LLC since 2016. Gabe Block was previously licensed with National Securities Corporation and Oppenheimer & Co. Inc. FINRA reports that two arbitration claims involving Gabe Block’s conduct with National Securities Corporation and/or Oppenheimer & Co. Inc. have been filed. These claims allege breach of fiduciary duty, suitability, negligence, and/or breach of contract. These two arbitration claims settled for $710,000 and $150,000 in total.
FINRA also reports that the State of Delaware ordered Gabe Block to cease and desist and be suspended for 3 years. FINRA reports that The Investor Protection Unit of the Delaware Department of Justice entered into this Order in reliance on Gabe Block’s agreement to voluntarily relinquish Gabe Block’s right to apply for future registration as a broker-dealer agent or investment adviser representative in Delaware. FINRA reports that the Delaware Investor Protection Unit allege six counts arising from Gabe Block’s service of a Delaware client’s securities accounts: (1) Securities Fraud- Churning; (2) Dishonest or Unethical Practice-Excessive Trading; (3) Securities Fraud-Unsuitable Recommendations; (4) Dishonest or Unethical Practice-Unsuitable Recommendations; (5) Dishonest or Unethical Practice-Narcotics Use; and (6) Dishonest or Unethical Practice-Failure to Address Mental Instability Notification.
If you lost any money on investments with Gabe Block you may be able to recover your losses from First Standard Financial Company, National Securities Corporation, and/or Oppenheimer & Co. Inc. This is because First Standard Financial Company, National Securities Corporation, and/or Oppenheimer & Co. Inc. had a duty to supervise Gabe Block.
If you lost money on investments with Gabe Block 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 First Standard Financial Company, National Securities Corporation, and/or Oppenheimer & Co. Inc. concerning Gabe Block’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 investments with Gabe Block 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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