Jeffrey Scott Ingros (Jeffrey Ingros) Barred from Securities Industry and Fired by Merrill Lynch, Pierce, Fenner & Smith Incorporated -- Goodman & Nekvasil P.A, May Recover Investor Losses
Goodman & Nekvasil P.A, May Recover Investor Losses - Jeffrey Scott Ingros (Jeffrey Ingros) Barred from Securities Industry and Fired by Merrill Lynch, Pierce, Fenner & Smith Incorporated
From 2007 until Jeffrey Ingros’ firing in 2013, Jeffrey Ingros was licensed with Merrill Lynch, Pierce, Fenner & Smith Incorporated. Jeffrey Ingros was then licensed with Raymond James Financial Services, Inc. from November 2013 until February 2016. According to FINRA’s records, Jeffrey Ingros was fired by Merrill Lynch, Pierce, Fenner & Smith Incorporated on October 31, 2013. Merrill Lynch, Pierce, Fenner & Smith Incorporated reported to FINRA that Jeffrey Ingros was fired after being accused of conduct including advising clients on assets held outside the firm, failure to contact clients in advance of entering orders in nondiscretionary accounts, recommendation of a security not covered by firm research and failure to accurately record information on customer order tickets. Merrill Lynch, Pierce, Fenner & Smith Incorporated also reported that this resulted in a loss of management confidence.
FINRA also reports that Raymond James Financial Services, Inc., Jeffery Ingros’s most recent employer, permitted Jeffrey Ingros to resign on February 19, 2016 after he disclosed to the firm that he accepted loans from customers without prior written approval from the firm. According to Raymond James Financial Services, Jeffrey Ingros also failed to disclose the loan on the annual compliance attestations
Subsequent to Jeffrey Ingros’s firing, FINRA brought a disciplinary action against Jeffrey Ingros. Jeffrey Ingros consented to a bar from the securities industry. Jeffrey Ingros also consented to the entry of findings that Jeffrey Ingros refused to appear for on-the-record testimony requested by FINRA during its investigation into allegations that he accepted undisclosed loans from customers and engaged in outside business activity.
FINRA reports that six claims were settled containing allegations of sales practice violations against Jeffrey Ingros resulting in monetary settlements up to $730,000.
If you lost any money on investments or loans with Jeffrey Ingros, you may be able to recover your losses from Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Raymond James Financial Services, Inc. This is because Merrill Lynch, Pierce, Fenner & Smith Incorporated and Raymond James Financial Services, Inc. had a duty to supervise Jeffrey Ingros.
If you lost money on investments or loans, with Jeffrey Ingros, and believe that the investments or 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 Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Raymond James Financial Services, Inc., concerning Jeffrey Ingros’ 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 any investments or loans, with Jeffrey Ingros 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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