Corbin Lambert – Financial Advisor/Broker Corbin Lambert Charged by SEC | Recover Losses

Corbin Lambert – Financial Advisor/Broker Corbin Lambert Charged by SEC | Goodman & Nekvasil, P.A. May Recover Investor Losses

Corbin Lambert CRD #3191042

Corbin Lambert is a licensed financial advisor with Securities America. Corbin Lambert was previously licensed with MML Investors Services LLC. According to the SEC, Corbin Lambert was charged for conducting a cherry-picking scheme that defrauded his clients.

According to the SEC Complaint:

According to the SEC’s complaint, from at least January 2017 through March 2018, Lambert placed options trades using Continuum Financial’s omnibus account, which is intended to facilitate purchases of securities for multiple client accounts, and delayed allocating the securities to specific client accounts until he had observed the securities’ performance over the course of the day. The complaint alleges that he then disproportionately cherry-picked the profitable trades to be allocated to his personal account and allocated the unprofitable trades to his clients’ accounts. As alleged in the complaint, Lambert misrepresented to clients that all trades would be allocated in a fair and equitable manner. According to the complaint, Lambert concealed his misconduct from the other principals of Continuum Financial.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Corbin Lambert 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 Corbin Lambert’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 Corbin Lambert 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 9/29/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

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