Derek Nierman – Arbitration Claim Filed Involving Financial Advisor Derek Nierman
Derek Nierman CRD #2302164
Derek Nierman was previously licensed with UBS Financial Services, Inc. in Scottsdale, Arizona. According to Derek Nierman’s CRD, an arbitration claim has been filed in which the Claimant alleges that Derek Nierman recommended that he invest approximately $200,000 in an outside real estate loan program. Claimant alleges Derek Nierman caused money to be transferred from Claimant’s UBS credit line account to a third-party account at Wells Fargo to make the alleged real estate investment. Claimant now claims that there may have been no actual real estate investment and that the money was used for Derek Nierman’s own personal consumption and/or satisfaction of Derek Nierman’s debts and financial obligations. According to Derek Nierman’s CRD, this claim is pending and alleges damages of $227,000.
According to Derek Nierman’s CRD, an arbitration claim alleging unsuitable investments was previously settled for $625,000.
If you invested with Derek Nierman, you may be able to recover your losses. If you invested with Derek Nierman and would like to discuss the possibility of your retaining our firm to represent you in an arbitration action. 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 invested with Derek Nierman 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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