Art Hoffman – Financial Advisor/Broker Art Hoffman Barred from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Arthur Stewart Hoffman (Art Hoffman) CRD #3193754
-Update 11/9/21-
Goodman & Nekvasil has filed an arbitration claim against Ameriprise Financial involving the alleged sale of Zima Digital Assets.
According to Art Hoffman’s BrokerCheck Report:
Art Hoffman is a licensed financial advisor/broker with Ameriprise Financial Services, LLC. Art Hoffman was previously licensed with Wedbush Securities, Inc.
According to FINRA:
On April 17, 2020, FINRA opened an investigation in response to a FINRA Rule 4530(a)(2) disclosure filed by Ameriprise on April 13, 2020, which stated that Art Hoffman had been suspended for company policy violations related to outside business activities and private securities transactions.
On April 24, 2020, in connection with its investigation, FINRA staff sent a request to Art Hoffman for the production of information and documents pursuant to FINRA Rule 8210. As discussed during his phone call with FINRA staff on May 4, 2020, and by this agreement, Art Hoffman acknowledges that he received FINRA ‘s request and will not produce the information or documents requested.
By refusing to produce information or documents as requested pursuant to FINRA Rule 8210, Hoffman has violated FINRA Rules 8210 and 2010.
According to Art Hoffman’s BrokerCheck Report:
A customer dispute was filed alleging sales practice violations against Art Hoffman.
Customer Dispute 2/16/16: The complaint includes claims for Arizona Securities Fraud; Fraud in provision of investment advisory services, common law fraud and misrepresentation; breach of fiduciary duities; fraudulent concealment; negligent misrepresentation; negligence; negligent supervision; and document turnover and accounting. This customer dispute was settled for $329,500.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Art Hoffman 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 Art Hoffman’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 Art Hoffman 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 5/14/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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