George Bussanich (George Bussanich) Barred from Securities Industry and Fired by Kovack Securities Inc. – Goodman & Nekvasil P.A, May Recover Investor Losses
Goodman & Nekvasil P.A, May Recover Investor Losses - George Bussanich (George Bussanich) Barred from Securities Industry and Fired by Kovack Securities Inc.
From 2006 until George Bussanich’s firing in 2011, George Bussanich was licensed with Kovack Securities Inc. According to FINRA’s records, George Bussanich was fired by Kovack Securities Inc. on December 31, 2011. Kovack Securities Inc. reported to FINRA that George Bussanich was fired for failing to disclose outside business activities.
Subsequent to George Bussanich’s firing, FINRA, the New Jersey Bureau of Securities and the United States Securities and Exchange Commission (SEC) brought disciplinary actions against George Bussanich. George Bussanich was barred from the securities industry.
FINRA reports that according to the New Jersey Bureau of Securities, George Bussanich sold securities in the form of 5-year promissory notes offering between 6% and 8% interest annually, in which, George Bussanich raised approximately $3,500,000 from approximately twenty-six investors. George Bussanich did this through the use of false and misleading statements and without providing material disclosures to investors prior to the sale of the notes including, but not limited to, that they were not registered with the bureau to sell the notes, the notes themselves were unregistered and that investor funds would be used for purposes other than those disclosed to them.
If you lost any money on investments with George Bussanich, including investments in promissory notes, you may be able to recover your losses from Kovack Securities Inc. This is because Kovack Securities Inc. had a duty to supervise George Bussanich.
If you lost money on investments with George Bussanich, including investments in promissory notes, 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 Kovack Securities Inc., concerning George Bussanich’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 George Bussanich, including investments in promissory notes, 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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