Andre Mitchell, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Andre Mitchell, CRD #2145891
Andre Mitchell was previously licensed with MML Investors Services, LLC in New York. FINRA reports that Andre Mitchell was barred from the securities and investment banking industry in 2015.
ACCORDING TO FINRA: Andre Mitchell was named in a FINRA complaint alleging that while Andre Mitchell was dually employed by his member firm and its insurance affiliate, an insurance customer of Andre Mitchell’s provided him with approximately $658 in cash for the purpose of paying the premiums on her insurance policies issued by the insurance affiliate, and Andre Mitchell did not pay insurance premiums for her with those funds. Instead of using the $658 the customer had entrusted Mitchell with to pay her insurance premiums, he utilized the funds for his own personal use. Mitchell lacked permission or authority to use the customer’s funds for his own use and benefit, or for any purpose other than making payment on her insurance policy premiums. Mitchell’s failure to apply the customer’s funds to her insurance policy premiums caused her policies to lapse. The complaint alleges that FINRA opened an investigation into Mitchell’s alleged conversion of funds from the customer, based upon the form u5 filed by the firm and requested that he provide testimony, documents and additional information regarding his alleged misconduct. FINRA has sent multiple requests for Andre Mitchell to provide documents, information and testimony and he has failed to provide any documents or information and has failed to appear and provide sworn testimony to FINRA as requested.
If you lost any money on investments with Andre Mitchell, you may be able to recover your losses. If you lost money on investments with Andre Mitchell 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 Andre Mitchell’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 Andre Mitchell 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.
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