Bentley Blackmon – Broker/Financial Advisor Suspended | Goodman & Nekvasil P.A., May Recover Investor Losses
Bentley Blackmon a/k/a Bentley Edward Blackmon was a licensed broker with STEPHENS (CRD# 3496) until 9/29/2020. Stephens Inc. terminated Bentley Blackmon alleging that Blackmon violated FINRA Rule 3280 and Firm policies as part of his participation in certain private securities transactions.
FINRA Suspended Bentley Blackmon
According to FINRA: Bentley Blackmon participated in the private securities transactions of a firm customer without providing prior written notice to the firm. In March 2020, Respondent introduced a customer of the firm to the issuer of a private placement offering and informed the customer that he intended to invest in the offering himself. Respondent also participated in a telephone conference with the customer and the issuer about the offering. During April 2020, Respondent coordinated a wire transfer payment from the customer’s account at the firm to facilitate the customer’s initial investment of $195,000 in the offering. In May 2020, after making an investment for himself, Respondent disclosed his own investment in the offering to the firm. However, Respondent did not disclose to the firm that he had also participated in the customer’s investment. Subsequently, Respondent facilitated two additional wire transfer payments from the customer’s account at the firm for the customer’s additional investments in the offering, totaling approximately $250,000. Respondent did not provide his firm with any notice of his participation in the customer’s transactions. Respondent did not receive any commissions from the sale of the securities. Therefore, Respondent violated FINRA Rules 3280 and 2010.
Bentley Blackmon also consented to the imposition of the following FINRA sanctions:
A three-month suspension from associating with any FINRA member in all capacities and a $5,000 fine.
Goodman & Nekvasil, P.A. May Recover Investor Losses
If you lost money on investments with Bentley Blackmon and believe the investments may have been unsuitable, unapproved, 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 Bentley Blackmon’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 almost 40 years. Goodman & Nekvasil, P.A. has recovered more than $250 million on behalf of victimized investors. If you lost money on investments with Bentley Blackmon 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 3/16/22 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.