Brantly Chavis – Brantly Chavis Jr., Financial Advisor Barred from Securities Industry

Brantly Chavis – Brantly Chavis Jr., Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Brantly Chavis, CRD #5577031

Brantly Chavis was previously licensed with OneAmerica Securities Inc. in California. FINRA reports that Brantly Chavis was barred from the securities and investment banking industry in 2015. 

ACCORDING TO FINRA: Brantly Chavis consented to the sanction and to the entry of findings that Brantly Chavis converted to his personal use at least $25,000 from his member firm’s customer. The funds that Chavis converted were funds that he obtained as an investment for an outside business activity. Chavis solicited $118,000 in purported investments for the outside business from then 87-year old customer (acting as power-of-attorney for her grandson’s account). The capital provided to the outside business by the customer was the only funding the company ever received. Chavis transferred to himself $25,000 of the funds the customer provided to the outside business. Brantly Chavis commingled the customer’s investments with personal funds, from which he then paid personal expenses unrelated to the outside business. The findings stated that Chavis also failed to disclose his involvement in the outside business activity, to his firm, as required by the firm and in accordance with the applicable FINRA rule.

According to Brantly Chavis’ CRD, a customer dispute was filed alleging Brantly Chavis misappropriated funds and or made unsuitable recommendation. According to Brantley Chavis’ CRD, this customer dispute is pending and seeks $208,000. 

If you lost any money on investments with Brantly Chavis, you may be able to recover your losses. If you lost money on investments with Brantly Chavis 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 Brantly Chavis’ 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 Brantly Chavis 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.  

Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

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