Devin Wicker – Financial Advisor/Broker Barred by FINRA | Recover Investment Losses

Devin Wicker – Financial Advisor/Broker Barred by FINRA | Goodman & Nekvasil, P.A. May Recover Investor Losses

Devin Wicker a/k/a Devin Lamarr Wicker CRD #4228250

Devin Wicker is a previously licensed financial advisor with J.V.B. Financial Group, LLC. According to Devin Wicker’s BrokerCheck Report, Devin Wicker was barred from the securities industry in December 2021.

According to FINRA:

Wicker was named a respondent in a FINRA complaint alleging that he improperly used and converted a customer’s funds to pay his member firm’s business expenses without the customer’s authorization or approval. The complaint alleges that the firm received $50,000 from an investment-banking customer for the purpose of paying a retainer to a law firm hired in connection with a prospective public offering. However, rather than pay that law firm, Wicker used the money to pay the firm’s business expenses, including its own legal bills. To date, Wicker has not returned the customer’s funds. The customer retained the firm as underwriter for a planned public offering. In anticipation of retaining a law firm to act as underwriter’s counsel in connection with the customer offering, the firm sent an invoice to the customer for $50,000, directing that the customer wire those funds to it so that it could pay the law firm. The customer transferred $50,000 to the firm’s bank account solely for the purpose of paying the underwriter’s counsel retainer. Wicker was notified by email that the customer had sent the funds to the firm and he signed an agreement on the firm’s behalf formally retaining the law firm as underwriter’s counsel.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Devin Wicker 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 Devin Wicker’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 $200 million on behalf of victimized investors. If you lost money on investments with Devin Wicker 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 12/20/21 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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