Pranav Patel - Financial Advisor Pranav Patel Pleads Guilty to Securities Fraud and is Barred from Securities Industry
Goodman & Nekvasil P.A, May Recover Your Investment Losses on ForceField Energy Inc. | Pranav Patel - Financial Advisor Pranav Patel Pleads Guilty to Securities Fraud and is Barred from Securities Industry
Pranav Patel CRD #5391213
Pranav Patel has been licensed with Dawson James Securities, Inc., Columbus Advisory Group, LTD., CBG Financial Group, Inc. and National Securities Corporation. According to FINRA, the SEC reported that Pranav Patel pleaded guilty to one count of securities fraud on September 12, 2016.
Subsequent to Pranav Patel’s guilty plea, the SEC reported to FINRA that Pranav Patel was barred by the SEC on September 29, 2017 from the securities industry. The SEC reported to FINRA that the Commission’s Complaint alleged that Pranav Patel received cash kickbacks in return for recommending and inducing Pranav Patel’s customers to buy stock in ForceField Energy, Inc. without disclosing the kickbacks to Pranav Patel’s customers. The Complaint further alleged that Pranav Patel attempted to conceal communications with other participants in the fraudulent scheme by using encrypted, content-expiring messaging apps, and otherwise engaged in a variety of conduct which operated as a fraud and deceit on investors.
If you lost any money on investments with Pranav Patel, you may be able to recover your losses from Dawson James Securities, Inc., Columbus Advisory Group, Ltd., CBG Financial Group, Inc., and/or National Securities Corporation. This is because with Dawson James Securities, Inc., Columbus Advisory Group, Ltd., CBG Financial Group, Inc., and National Securities Corporation had a duty to supervise Pranav Patel.
If you lost money on investments with Pranav Patel 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 Dawson James Securities, Inc., Columbus Advisory Group, Ltd., CBG Financial Group, Inc., and/or National Securities Corporation concerning Pranav Patel’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 Pranav Patel 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: Pranav Patel, Patel, Columbus Advisory Group, CBG Financial, Dawson James, FINRA, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, Securities
Back to Blogs