Kermit Gordon Gable, Jr. (Kermit Gable) Suspended by the Texas State Securities Board and Permitted to Resign from Cambridge Investment Research, Inc. -- Goodman & Nekvasil P.A, May Recover Investor Losses
Goodman & Nekvasil P.A, May Recover Investor Losses - Kermit Gordon Gable, Jr. (Kermit Gable) Suspended by the Texas State Securities Board and Permitted to Resign from Cambridge Investment Research, Inc.
From 2012 until Kermit Gable’s resignation in 2016, Kermit Gable was licensed with Cambridge Investment Research, Inc. According to FINRA records, Kermit Gable resigned on November 29, 2016. Cambridge Investment Research, Inc. reported to FINRA that Kermit Gable was permitted to resign due to improper trading in client advisory accounts.
Subsequent to Kermit Gable’s resignation, the Texas State Securities Board brought an enforcement action against Kermit Gable in 2017. Kermit Gable was suspended as an investment advisor representative in Texas for 150 days. FINRA reports that the Texas findings state that Kermit Gable entered a significant number of trades in the block trading account as part of an active trading strategy. The Texas findings state that Kermit Gable failed to prepare a written statement identifying the accounts that would participate in each trade prior to entering the trade in the block trading account.
If you lost any money on investments with Kermit Gable, you may be able to recover your losses from Cambridge Investment Research, Inc. This is because Cambridge Investment Research, Inc. had a duty to supervise Kermit Gable.
If you lost money on investments with Kermit Gable, 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 Cambridge Investment Research, Inc., concerning Kermit Gable’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 any investments with Kermit Gable 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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