Adam Marquardt, Arbitration Claim Filed Involving Financial Advisor Adam Marquardt

Adam Marquardt, Arbitration Claim Filed Involving Financial Advisor Adam Marquardt | Goodman & Nekvasil P.A., May Recover Losses

Adam Marquardt CRD #5307192

Adam Marquardt is currently licensed with Wells Fargo Advisors Financial Network LLC. According to Adam Marquardt’s CRD, an arbitration claim alleging sales practice violations against Adam Marquardt was filed. According to Adam Marquardt’s CRD,  Adam Marquardt was a subject of the customer’s complaint against Adam Marquardt’s member firm that asserted the following causes of action: violations of federal securities laws, including fraud in connection with the purchase or sale of securities; violations of Minnesota Securities Act, including misrepresentations, omissions of material fact, and employment of schemes to defraud and engaging in course of business which operated as a fraud or deceit; violations of the Minnesota Consumer Fraud Act, Uniform Deceptive Trade Practices Act, False Statement in Advertisement Act, and Unlawful Trade Practices Act; breach of contract; common law fraud; breach of fiduciary duty; and negligence and gross negligence. The causes of action related to Claimant’s allegations that Respondent invested Claimant’s funds in high-risk investments, which were contrary to his stated investment objectives. Claimant further asserted that Respondent engaged in improper short-term trading in closed-in funds and mutual fund and annuity switching, and recommended a low-priced stock, which caused Claimant to incur unnecessary commissions and other fees.

According to Adam Marquardt’s CRD, after a complete arbitration hearing, an Award was entered granting Claimant’s compensatory damages of $115,855.81 plus 6% interest and reimbursement fees of $300.00.

If you lost any money on investments with Adam Marquardt, you may be able to recover your losses. If you lost money on investments with Adam Marquardt 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 concerning Adam Marquardt’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.

Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Adam Marquardt 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

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