Gregory Brian Van Winkle (Gregory Van Winkle) Suspended from Securities Industry and Fired by Securities America, Inc. – Goodman & Nekvasil P.A., May Recover Investor Losses on Variable Annuities
Goodman & Nekvasil P.A., May Recover Investor Losses on Variable Annuities - Gregory Brian Van Winkle (Gregory Van Winkle) Suspended from Securities Industry and Fired by Securities America, Inc.
From 1995 until Gregory Van Winkle’s firing in 2013, Gregory Van Winkle was licensed with Securities America, Inc. Gregory Van Winkle is now licensed with IFS Securities. According to FINRA’s records, Gregory Van Winkle was fired by Securities America, Inc. on September 6, 2013. Securities America, Inc. reported to FINRA that Gregory Van Winkle was accused of violating firm policy relating to client signatures.
Subsequent to Gregory Van Winkle’s firing, FINRA investigated Gregory Van Winkle and brought a disciplinary action against Gregory Van Winkle. Gregory Van Winkle consented to a 20 day suspension from the securities and investment banking industry and a $5,000 fine on June 29, 2015. Gregory Van Winkle also consented to the entry of findings that contrary to Gregory Van Winkle’s member firm’s written policy, Gregory Van Winkle signed a customer’s name to seven letters authorizing the disbursement of funds to the customer totaling approximately $20,000 from her variable annuity policy with the customer’s knowledge and consent. Gregory Van Winkle had completed Gregory Van Winkle’s annual certification and acknowledged that Gregory Van Winkle read and understood the Firm’s compliance manual and agreed to comply with all policies and procedures set forth in the manual, including the related written policy.
FINRA reports that 25 complaints and/or arbitration claims have been filed involving Gregory Van Winkle’s conduct with Securities America, Inc., most of which alleged failure to follow instructions regarding diversification, misrepresentation, breach of fiduciary duty, constructive fraud, suitability, breach of contract, and/or other allegations in connection with the sale of variable annuities. These complaints and/or arbitration claims all settled, with the largest settling for $475,000, $237,500, $185,000, $175,000, $170,000, $157,500, and $150,000.
If you lost any money on investments with Gregory Van Winkle, you may be able to recover your losses from Securities America, Inc. and/or IFS Securities. This is because Securities America, Inc. and IFS Securities had a duty to supervise Gregory Van Winkle.
If you lost money on investments with Gregory Van Winkle, 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 IFS Securities concerning Gregory Van Winkle’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 investments with Gregory Van Winkle 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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