Joel Farnsworth Has An Investor Complaint – May Recover Investor Losses

Joel Farnsworth Has An Investor Complaint – Goodman & Nekvasil, P.A., May Recover Investor Losses

Joel Farnsworth  has an investor complaint pending for $4.2M in alleged damages.

Los Angeles financial advisor Joel Farnsworth (CRD# 1980052) allegedly breached his fiduciary duty, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Wedbush Securities, and that he is also registered with the firm’s office in Tyler, Texas.


Frank Kuiper Investigation

Joel Farnsworth Investigation

Mr. Farnsworth’s BrokerCheck report discloses two investor complaints.  The pending complaint alleges damages of $4.2 million.

An earlier investor complaint, filed in 2019, alleged that as a Wedbush Securities representative, he “unduly benefited from the execution of a Transfer of Death form.” The complaint reached a settlement of $26,000.

The term fiduciary standard describes a financial advisor’s responsibility to place their clients’ interests above their own. Advisors who fail to uphold their fiduciary duty to their clients may be liable for damages.

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its clients.    

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.  We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 10/19/23. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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