Gregory James Bolduc (Gregory Bolduc) Formerly Licensed with Unionbanc Investment Services, LLC, Suspended from Securities Industry – Goodman & Nekvasil P.A., May Recover Investor Losses

Goodman & Nekvasil P.A., May Recover Investor Losses - Gregory James Bolduc (Gregory Bolduc) Formerly Licensed with Unionbanc Investment Services, LLC, Suspended from Securities Industry

From 2012 until 2013, Gregory Bolduc was licensed with Unionbanc Investment Services, LLC. Gregory Bolduc was also licensed with Securities America, Inc. and Wells Fargo Advisors, LLC. According to FINRA’s records, Gregory Bolduc resigned from Unionbanc Investment Services, LLC on October 1, 2013. Unionbanc Investment Services reported to FINRA that the Firm requires investment disclosure forms for certain products it offers and that these forms require original client signatures be obtained on each form. Unionbanc Investment Services, LLC reported to FINRA that during a routine branch exam it was noted that original signatures had not been obtained, as the Firm’s policy requires. Unionbanc Investment Services, LLC reported to FINRA that instead of original signatures, Gregory Bolduc photocopied the client’s signature page of an original disclosure document and had affixed the photocopied page to several different disclosure documents, in violation of Firm policy.

Subsequent to Gregory Bolduc’s firing by Unionbanc Investment Services, LLC, FINRA investigated Gregory Bolduc and brought a disciplinary action against Gregory Bolduc. Gregory Bolduc was suspended for 3 months from the securities and investment banking industry and fined $5,000 on February 23, 2015. FINRA reports that Gregory Bolduc consented to the sanctions and to the entry of findings that Gregory Bolduc falsified the signatures of six customers on a total of 30 “Mutual Fund Customer Disclosure and Acknowledgement” forms (“Disclosure Forms”) which Gregory Bolduc submitted to Gregory Bolduc’s member firm as authentic signatures of the customers. FINRA reports that Gregory Bolduc submitted 30 disclosure forms to the Firm that contained photocopied signatures of the customers rather than authentic signatures. Specifically, Gregory Bolduc had each customer sign one disclosure form for all of the mutual funds in the portfolio. Next, Gregory Bolduc photocopied the signature page on the signed disclosure form and attached it as the signature page to the remaining mutual fund disclosure forms. Gregory Bolduc then submitted the disclosure forms to the Firm purporting that each signature page contained an authentic signature of the customer.

If you lost any money on investments with Gregory Bolduc, you may be able to recover your losses from Unionbanc Investment Services, LLC, Securities America, Inc. and/or Wells Fargo Advisors, LLC. This is because Unionbanc Investment Services, LLC, Securities America, Inc. and Wells Fargo Advisors, LLC had a duty to supervise Gregory Bolduc. 

If you lost money on investments with Gregory Bolduc 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 Unionbanc Investment Services, LLC, Securities America, Inc. and/or Wells Fargo Advisors, LLC concerning Gregory Bolduc’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 Bolduc 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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