David McDonnell is Barred | Financial Advisor/Broker Barred | May Recover Losses

David McDonnell is Barred | Financial Advisor/Broker Barred by FINRA | Goodman & Nekvasil P.A., May Recover Investor Losses

Northstar Financial Services (Bermuda) Investigation

 

According to the Financial Industry Regulatory Authority (FINRA), David McDonnell is barred from working in the securities industry.

David McDonnell a/k/a David Robert McDonnell a/k/a Dave McDonnell – CRD 1757401

David McDonnell consented to the sanction and to the entry of findings that he refused to provide documents and information that FINRA requested in connection with an investigation into the circumstances giving rise to McDonnell’s termination from his former member firm.

The findings stated that the firm filed a Form U5 stating that it had terminated McDonnell’s employment because he had participated in a private securities transaction by issuing promissory notes and conducted an outside business activity by serving as a trustee of a trust.

TCFG WEALTH MANAGEMENT, LLC is the FINRA member firm that terminated David McDonnell.

 Goodman & Nekvasil P.A. May Recover Losses

If you lost money on investments with David McDonnell, you may be able to recover your losses. If you believe that 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 McDonnell’s conduct.

All our cases are handled by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for almost 40 years.

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.

Goodman & Nekvasil, P.A. has recovered more than $250 million on behalf of victimized investors. If you lost money on investments with David McDonnell 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 3/25/22 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

Contact Us Today!

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