Daniel Vazquez (Dan Vazquez) Financial Advisor/Broker Dan Vazquez Barred from Securities Industry

Daniel Vazquez (Dan Vazquez) Financial Advisor/Broker Dan Vazquez Barred from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses

Daniel Vazquez aka Dan Vasquez (Dan Vazquez) CRD #3141463

Dan Vazquez was a previously licensed financial advisor with Cetera Advisors LLC. Dan Vazquez was barred from the securities industry in June 2016. According to FINRA, Dan Vazquez failed to respond to FINRA’s request for information.

According to SEC Allegations:

The Securities and Exchange Commission (SEC) announced fraud charges against a California-based state-registered investment adviser, its CEO Daniel Vazquez Sr., and its former COO, for lying to investors in a real estate-related security offering fraud. According to the SEC’s complaint, the investment adviser and its CEO, Dan Vazquez, created the New Economic Opportunities Fund I, LLC vehicle for the ostensible purpose of pooling investor funds to purchase and flip residential real estate properties. The complaint alleges that between 2011 and 2014, the investment adviser and Dan Vazquez sold membership units in the fund, raising $2.18 million from 27 investors, primarily from investors’ individual retirement account funds, based on misrepresentations about how much compensation they would take. The complaint further alleges that virtually from the outset of the offering, the investment adviser and Dan Vazquez, with the assistance of the investment adviser’s then-COO, misused most of the funds to pay unrelated business or personal expenses, including approximately $780,000 that was misappropriated since January 2013. In addition, the complaint alleges that, by promoting and selling these securities, the investment adviser and Dan Vazquez-a registered representative of a broker-dealer at the time of the alleged misconduct-violated federal broker-dealer registration provisions.

Customer Disputes Filed Involving Dan Vazquez

According to Dan Vazquez’ BrokerCheck report, several customer disputes alleging sales practice violations against Dan Vazquez are pending or have settled. These customer dispute allege unsuitable investments, negligence and fraud, among other allegations. One of these pending customer disputes seeks $150,000 in damages.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Dan Vazquez 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 Dan Vazquez’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 Dan Vazquez 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 3/2/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

Daniel Vazquez, Dan Vasquez, Dan Vazquez, Financial Advisor, Broker, Fraud, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, SEC, Dan Vazquez

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