Malcolm Meikle - Financial Advisor Malcolm Meikle Suspended from Securities Industry

Malcolm Meikle - Financial Advisor Malcolm Meikle Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses 

Malcolm Meikle CRD #331313

From 1982 until Malcolm Meikle’s firing in 2013, Malcolm Meikle was licensed by Pruco Securities, LLC. According to FINRA’s records, Malcolm Meikle was fired by Pruco Securities, LLC on July 1, 2013. Pruco Securities, LLC reported to FINRA that Malcolm Meikle engaged in discretionary trading in several accounts without client authorization.

Subsequent to Malcolm Meikle’s firing, FINRA investigated Malcolm McGreggor Meikle and brought a disciplinary action against Malcolm Meikle. Malcolm Meikle consented to a 20-day suspension from the securities and investment banking industry and a $10,000 fine on November 21, 2014. Malcolm Meikle also consented to the entry of findings that Malcolm Meikle purchased thirteen Unit Investment Trusts (UITS) for eleven clients without prior written authorization. The findings stated that although Malcolm Meikle had verbal authorization to exercise discretion in these accounts, the customers had not provided Malcolm Meikle with written authorization, and Malcolm Meikle’s member firm had not approved these accounts as discretionary. The findings also stated that Malcolm Meikle effected purchases in two customer accounts without the customer’s knowledge.  

FINRA also reports that an arbitration claim has been filed involving Malcolm McGreggor Meikle’s conduct with Pruco Securities, LLC, alleging that Malcolm McGreggor Meikle made unauthorized trades on investment accounts resulting in damages of over $640,000. This arbitration claim was settled for $380,000.  

If you lost any money on investments with Malcolm Meikle, you may be able to recover your losses from Pruco Securities, LLC. This is because Pruco Securities, LLC had a duty to supervise Malcolm Meikle.

If you lost money on investments with Malcolm Meikle, 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 Pruco Securities, LLC concerning Malcolm Meikle’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 Malcolm Meikle 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.

 

Keywords: Malcolm Meikle, Pruco Securities, Pruco, FINRA, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, Securities, Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

Back to Blogs

Contact Us For a Free Consultation

 
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
12 + 1 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.