Dana Vietor – Financial Advisor Dana Vietor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Dana Vietor was a previously licensed financial advisor/broker with CFD Investments, Inc. David Vietor is currently employed with SRS Holdings. According to Dana Vietor’s CRD, Dana Vietor resigned from CFD Investments, Inc. in November 2018. According to Dana Vietor’s BrokerCheck Report, Dana Vietor allegedly engaged in private securities transactions without providing information to the firm or seeking approval for the transactions. Dana Vietor allegedly submitted annual questionnaires to the firm advising the firm that Dana Vietor was not engaging in private securities transactions.
-Update 3/24/20- Dana Vietor has been barred from the securities industry by FINRA. FINRA reports that David Vietor consented to the sanction and to the entry of findings that Dana Vietor engaged in the sale of promissory notes called deposit agreements in connection with customers totaling more than $3 million without disclosing and receiving approval from his member firms for each individual private securities transaction. The finding stated that Dana Vietor, along with other business partners, was engaged in a start-up business venture that required funding. The deposit agreements raised funds for entities associated with the business venture. Dana Vietor is a member of the management team that manages these entities and has membership interests in each. Therefore, Dana Vietor received indirect selling compensation.
According to Dana Vietor’s CRD, a customer dispute alleging sales practice violations against Dana Vietor is currently pending.
Customer Dispute 6/17/19: Claimants allege that financial adviser engaged in improper outside business activities, making unsuitable investment recommendations, fraudulent and negligent misrepresentations and omissions of material information, Fraud, Negligence, Breach of Fiduciary Duty, and Breach of Contract in connection with the sale of variable annuities and a private placement investment. This pending customer dispute seeks $75,000 in damages.
If you lost money on investments with Dana Vietor 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 against concerning Dana Vietor’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 Dana Vietor 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.
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