Conrad Aaron Coggeshall (Conrad Coggeshall) – Financial Advisor/Broker Conrad Coggeshall Suspended from the Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Conrad Coggeshall was a previously licensed financial advisor/broker with Packerland Brokerage Services, Inc. and USA Financial Securities Corporation. FINRA reports that Conrad Coggeshall was suspended from the securities industry indefinitely in May 2020.
According to the SEC:
The Securities and Exchange Commission announced charges against an Arizona resident for fraudulently raising $700,000 from elderly investors between April 2017 and May 2018. According to the SEC’s complaint, Conrad Coggeshall of Scottsdale, Arizona told investors that they were investing in Business Owners Tax Relief, LLC, a successful mergers and acquisitions firm based in New York that would pay investors periodic interest at fixed rates. Instead, the complaint alleges that no such firm existed and Coggeshall deposited investors’ funds into brokerage and bank accounts for an Arizona company he owns with the same name. Coggeshall allegedly used those funds to trade securities, incurring significant losses, and to pay personal expenses, including the rent for his apartment. The complaint further alleges that Coggeshall also used funds from these accounts to make payments to investors, which he falsely represented were interest payments from the New York mergers and acquisitions firm. The SEC’s complaint charges Coggeshall with violations of the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Conrad Coggeshall 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 Conrad Coggeshall’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 Conrad Coggeshall 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 7/29/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.