DOUG NELSON Has Two Pending Investor Complaints – Goodman & Nekvasil, P.A., May Recover Investor Losses
LPL FINANCIAL LLC investment adviser, DOUG NELSON has two pending investor complaints.
DOUG DUANE NELSON, DOUG NELSON
CRD#: 4609776
DOUGLAS DUANE NELSON (CRD#: 4609776), a registered representative for LPL FINANCIAL LLC in PAHRUMP, NV, has two pending investor complaints.
According to NELSON’s FINRA BrokerCheck Report, the most recent complainants allege that an investment made was unsuitable for the customer’s investment objectives and risk tolerance. Time Frame 2020.
The claimants in this complaint are requesting $160,000.00 for alleged damages.
According to Nelson’s FINRA BrokerCheck Report, a customer complaint was filed on January 22, 2024. Customer Allegations: Claimants file this action to recover damages and losses suffered as a result of Kingswood Capital Partners’ unsuitable and misleading investment recommendations to invest and hold a portion of Claimants’ assets into GWG Holding Inc.’s L Bonds (“GWG L Bonds”) and Respondents’ failure to conduct reasonable due diligence about the GWG L Bonds and its issuer GWG Holdings, Inc. (“GWG Holdings”). The recommendations were not consistent with the standard of care mandated by FINRA’s suitability rule or the Securities and Exchange Commission under Rule 15l-1(a) of the Securities Exchange Act of 1934 (“Regulation Best Interest” or “Reg BI”). The investments were made between 11/2018 and 2/2019
DOUG NELSON has two pending investor complaints.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 1/09/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.