Nathan A. Majors Jr. (Nathan Majors) Suspended from Securities Industry and Fired by LPL Financial LLC – Goodman & Nekvasil P.A., May Recover Investor Losses

Goodman & Nekvasil P.A., May Recover Investor Losses - Nathan A. Majors Jr. (Nathan Majors) Suspended from Securities Industry and Fired by LPL Financial LLC

From February 2015 until Nathan Majors’ firing in May 2015, Nathan Majors was licensed with LPL Financial LLC. Nathan Majors was previously licensed with J.P. Morgan Securities LLC and Chase Investment Services Corp. According to FINRA’s records, Nathan Majors was fired by LPL Financial LLC on May 8, 2015. LPL Financial LLC reported to FINRA that Nathan Majors was terminated after the Firm became aware of the representative’s involvement in the solicitation of unapproved investment products at Nathan Majors’ previous Firm.  

Subsequent to Nathan Majors’ firing by LPL Financial LLC, FINRA investigated Nathan Majors and brought a disciplinary action against Nathan Majors. Nathan Majors was suspended for 4 months from the securities and investment banking industry and fined $5,000 on September 23, 2016. FINRA reports that Nathan Majors consented to the sanctions and to the entry of findings that Nathan Majors sold equity indexed annuities (EIAs) valued at approximately $2 million that were not offered through Nathan Majors’ member firm, without providing the firm written notice that Nathan Majors was engaging in the outside business activity at any time, including in response to the firm’s Annual Compliance Certifications. The findings stated that several of the individuals who purchased EIAs from Nathan Majors were customers of the firm. According to FINRA, Nathan Majors received compensation for these sales of at least $130,00 in the form of commissions.

If you lost any money on investments with Nathan Majors, you may be able to recover your losses from LPL Financial LLC, J.P. Morgan Securities LLC and/or Chase Investment Services Corp. This is because LPL Financial LLC, J.P. Morgan Securities LLC and Chase Investment Services Corp. had a duty to supervise Nathan Majors. 

If you lost money on investments with Nathan Majors 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 LPL Financial LLC, J.P. Morgan Securities LLC and/or Chase Investment Services Corp. concerning Nathan Majors’ 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 Nathan Majors 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: SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, Securities 

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