Andy Durham – Financial Advisor/Broker Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Andrew Durham a/k/a Andy Timothy Durham CRD #6541868
Andy Durham is a previously licensed financial advisor with Allstate Financial Services LLC.
According to FINRA, Andy Durham was fined $5,000 and suspended from the securities industry for four months in November 2021.
According to FINRA Allegations:
Durham consented to the sanctions and to the entry of findings that he forged a customer’s signature on a life insurance application submitted to his member firm’s insurance affiliate. The findings stated that Durham completed and submitted an application for a life insurance policy issued by the firm’s insurance affiliate, with a face value of $50,000, for a customer. For premium payments, Durham input his personal bank account information but falsely indicated the bank account belonged to the customer. Durham created a fake email address for the customer and forged the customer’s electronic signature on the policy application, which was then approved by the insurance affiliate. Durham never possessed the customer’s permission or authority to sign the policy application on the customer’s behalf.
Goodman & Nekvasil, P.A. May Recover Investor Losses:
If you lost money on investments with Andy Durham 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 Andy Durham’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 $200 million on behalf of victimized investors. If you lost money on investments with Andy Durham 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.
Some of the information in this blog post was obtained on 11/11/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.