Bobby Wayne Coburn: Florida Financial Advisor Bobby Coburn Barred from Securities Industry by FINRA
Bobby Coburn is a formerly licensed financial advisor with Securities America, Inc. According to FINRA, Bobby Coburn was barred from the securities industry in August 2019.
According to FINRA: Bobby Coburn consented to the sanction and to the entry of findings that Bobby Coburn refused to provide FINRA with requested information and documents. The findings stated that Bobby Coburn’s member firm had terminated his association and stated on his Form U5 that Bobby Coburn was involved in the solicitation of multiple clients to invest in an unapproved private securities transaction and engaged in the settlement of a related customer’s complaint without the firm’s knowledge or consent.
According to Bobby Coburn’s CRD, Bobby Coburn was discharged by Securities America, Inc. in 2019. Securities America, Inc. reported that Bobby Coburn was allegedly involved in the solicitation of multiple clients to invest in an unapproved private securities transaction and engaged in the settlement of a related customer complaint without the Firm’s knowledge or consent.
According to Bobby Coburn’s CRD, a customer dispute alleging sales practice violations against Bobby Coburn was filed. According to Bobby Coburn’s CRD, the client alleges the purchase of a variable annuity was not suitable. According to Bobby Coburn’s CRD, this customer dispute settled for $54,898.34.
If you lost money on investments with Bobby Coburn 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 against concerning Bobby Coburn’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 Bobby Coburn 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.
Bobby Wayne Coburn
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