David Frederick Guensch (David Guensch) Financial Advisor/Broker David Guensch Previously Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
David Guensch is a currently licensed financial advisor with Lombard Securities Incorporated. David Guensch was previously licensed with LPL Financial, LLC and Voya Financial Advisors, Inc. According to FINRA, David Guensch was suspended from the securities industry for two months and fined $5,000 in April 2017.
According to the FINRA Complaint:
David Guensch consented to the sanctions and to the entry of findings that David Guensch falsified an annuity withdrawal request form submitted to an insurance company on behalf of a customer. The findings stated that the customer had not signed the form. Instead, David Guensch photocopied the customer’s signature from a prior form and pasted the photocopied signature onto the form. The customer did not authorize David Guensch to photocopy and reuse his signature.
According to David Guensch’s BrokerCheck Report:
David Guensch was discharged from LPL Financial, LLC in June 2016. LPL Financial, LLC reported that David Guensch violated the Firm’s document signature policy.
Goodman & Nekvasil P.A. May Recover Investor Losses:
If you lost money on investments with David Guensch 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 David Guensch’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 David Guensch 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 1/21/2020 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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