Ricardo Estrada, Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Goodman & Nekvasil P.A., May Recover Investor Losses | Ricardo Estrada, Financial Advisor Suspended from Securities Industry 

Ricardo Estrada was previously licensed with MML Investors Services, LLC from 2014 to 2017. Ricardo Estrada consented to the sanctions and to the entry of findings that Ricardo Estrada engaged in an outside business activity without seeking prior approval from his member firm.

ACCORDING TO FINRA: The findings stated that Ricardo Estrada failed to disclose that Ricardo Estrada formed a corporate entity to earn finder's fees, invest in real estate, and invest in small start-up companies. In connection with this activity, Ricardo Estrada received approximately $7,575 in finder-fee compensation. Estrada neither sought nor received prior written approval from the firm to engage in this conduct. In addition, Estrada failed to disclose this outside business activity on firm compliance questionnaires for two years.

If you lost money on investments with Frank Bazan and believe 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 concerning Ricardo Estrada'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 $180 million on behalf of victimized investors. If you lost money on investments with Ricardo Estrada 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.  

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.
4 + 2 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.