Christopher Orlando – Financial Advisor/Broker Christopher Orlando Barred by FINRA | Goodman & Nekvasil, P.A. May Recover Investor Losses
Christopher Orlando a/k/a Christopher George Orlando was a previously licensed financial advisor with Spartan Capital Securities, St. Bernard Financial Services, and Worden Capital Management LLC. According to Christopher Orlando’s BrokerCheck Report, Christopher Orlando was barred by FINRA in June 2021.
According to FINRA:
Orlando consented to the sanction and to the entry of findings that he engaged in quantitatively unsuitable trading in customer accounts. The findings stated that Orlando recommended high frequency trading in the customer accounts, and he often recommended the sale of one security and the simultaneous investment of the sale proceeds into a new security within short time periods. Orlando’s customers routinely followed his recommendations and, as a result, Orlando exercised de facto control over the customers’ accounts. Orlando’s trading in these customers’ accounts was excessive and unsuitable given the customers’ investment profiles. As a result of Orlando’s excessive trading, the customers suffered collective realized losses of $483,680, while paying total trading costs of $581,216, including commissions of $496,872.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Christopher Orlando 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 Christopher Orlando’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 $200 million on behalf of victimized investors. If you lost money on investments with Christopher Orlando 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 7/20/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.