Christel Sparks – Financial Advisor Christel Sparks Barred from Securities Industry

Christel Sparks – Financial Advisor Christel Sparks Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Christel Sparks CRD #2147336

Christel Sparks was a previously licensed financial advisor with Nationwide Investment Services Corporation. According to FINRA, Christel Sparks was barred from the securities industry in November 2016.

ACCORDING TO FINRA: Christel Sparks consented to the sanctions and to the entry of findings that Christel Sparks willfully failed to update her Uniform Application for Securities Industry Registration or Transfer (Form U4) to disclose a bankruptcy petition within 30 days of filing the petition. The findings stated that when questioned by her member firm, Christel Sparks claimed she previously disclosed the 2013 bankruptcy in an email to her firm’s compliance. The firm searched its email system to find any such email sent by or received from Christel Sparks and no email could be found. Following an interview with Sparks the firm terminated her for violating company policies pertaining to honesty and keeping current on required Form U4 disclosures. The findings also stated that during an on-the-record interview (OTR) with FINRA, Christel Sparks provided a purported copy of the alleged email to her firm compliance and testified under oath that, among other things, she sent the disclosure email to her firm’s compliance. The document provided by Christel Sparks to FINRA was a fabricated document, and Christel Sparks’ testimony pertaining to her alleged disclosure of the bankruptcy was false and misleading.

If you lost money on investments with Christel Sparks 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 Christel Sparks’ 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 Christel Sparks 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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