Active Investigations

Active Investigations

Goodman & Nekvasil is a leader in researching and uncovering Investment Fraud. At any given time, we have hundreds of active investigations of possible sales practice misconduct and high risk investments. Below are some of our current investigations.

GWG L-Bonds Investigation | Goodman & Nekvasil P.A. May Recover Investor Losses Goodman and Nekvasil is investigating potential claims involving FINRA registered brokerage firms who may have unsuitably recommended alternative investments such as GWG L-Bonds. Investors in GWG L-Bonds May Recover their Losses with Goodman & Nekvasil, P.A. UPDATE 1/27/22 GWG Fails to Make Interest Payments for L-Bonds According to new filings with the SEC on January 18, 2022, due to the decreased sales of... READ MORE →

Recent Cases

Customer Alert: FINRA Complaint Filed Against Spartan Capital Securities – Atlas Funds Investigated

Customer Alert: FINRA Complaint Filed Against Spartan Capital Securities – Atlas Funds Investigated FINRA Complaint Filed Against Spartan Capital Securities – Atlas Funds Investigated According to FINRA’s complaint in Proceeding No. 2021069218305, Spartan Capital Securities, LLC, John D. Lowry, and Kim M. Monchik recommended and sold interests in multiple private placement offerings (“the Atlas Funds”) between March 2021 and October 2021. During that period: Spartan allegedly made 346 recommendations to 191 customers — mostly retail... Read more →

Investor Alert: James Eugene Holmes III  – Termination, Customer Complaint & FINRA Suspension

Investor Alert: James Eugene Holmes III  – Termination, Customer Complaint & FINRA Suspension James Eugene Holmes III  – Termination, Customer Complaint & FINRA Suspension Former Wells Fargo broker James Eugene Holmes III was terminated after allegations that he exercised unauthorized discretion in customer accounts. JAMES EUGENE HOLMES III CRD#: 2174697 Holmes now faces a pending customer complaint.  The customer is seeking significant damages for alleged unsuitable recommendations. FINRA recently issued a suspension and monetary sanction after... Read more →

Investor Alert: Gustave “Gus” J. Schmidt Jr. – StraightPath Sales Under Review

Investor Alert: Gustave “Gus” J. Schmidt Jr. – StraightPath Sales Under Review Gustave “Gus” J. Schmidt Jr. (CRD 2709698) – StraightPath Sales Under Review Goodman & Nekvasil, P.A. is investigating potential claims on behalf of investors who purchased StraightPath Offerings through broker Gustave J. Schmidt Jr. (CRD 2709698).  The broker is currently registered with INVESTMENT NETWORK, INC. in SMITHTOWN, NY. According to a recent FINRA Complaint concerning alleged violations of Regulation Best Interest, including failing... Read more →

Investor Alert: FINRA Customer Complaint Filed Against Philip Hoang — May Recover Losses

Investor Alert: FINRA Customer Complaint Filed Against Philip Hoang  Investors should be aware that FINRA BrokerCheck records reflect a recent customer complaint filed against Philip Hoang  alleging significant investment losses.  Philip Hoang (also known as Philip Thien Hoang, Philip Hoang, Thien P. Hoang, Thien Philip Hoang; CRD #5134140) is a broker and financial adviser for MORGAN STANLEY in Menlo Park, CA. According to FINRA disclosures, the October 2025 complaint claims Hoang recommended unsuitable investments, including speculative... Read more →

Customer Alert: FINRA Suspends Broker Barry Buchholz – May Recover Investor Losses

Customer Alert: FINRA Suspends Broker Barry Buchholz – May Recover Investor Losses FINRA Suspends Broker Barry Buchholz BARRY LUTHER BUCHHOLZ BARRY LUTHER BUCHOLZ CRD#: 1583582 Customer Alert: FINRA Suspends Broker Barry Buchholz  FINRA has suspended former LPL Financial broker Barry Luther Buchholz (CRD 1583582) after finding that he executed multiple unauthorized mutual fund trades in non-discretionary customer accounts. According to FINRA’s Letter of Acceptance, Waiver, and Consent (AWC), Buchholz placed 11 unauthorized trades totaling nearly $600,000,... Read more →

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