Brad Brooks Suspended After FINRA Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
Former Broker, Brad Brooks suspended after FINRA allegations.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
BRAD Curtis BROOKS (CRD#: 1584633), a former broker for TITAN SECURITIES, in Plano, TX, was suspended by FINRA after allegations.
According to FINRA, Brooks consented to the sanctions and to the entry of findings that he made negligent material misrepresentations and omissions to investors who purchased limited partnerships interests in private placements offerings that he controlled. The findings stated that Brooks partner transferred $4.325 million from the proceeds the entity raised from its investors to another. When Brooks eventually discovered the transfers, he caused the funds to be returned in full. Brooks negligently failed to inform the investors that money had been transferred out of the project and the transfers to the other entity were not identified as a use of proceeds in the entity’s private placement memoranda (PPM) and were not otherwise disclosed, thus making Brooks’ representations to the entity’s investors about the use of its funds inaccurate and misleading.
BRAD Curtis BROOKS Suspended by FINRA
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 3/26/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.