Ed Daniel – Edward Oda Daniel, Barred from Securities Industry – Goodman & Nekvasil P.A., May Recover Investor Losses
Ed Daniel was licensed with Wells Fargo Advisors, LLC from 2009 to 2016. Ed Daniel was barred from the securities and investment banking industry on August 15, 2018. FINRA reports that Ed Daniel consented to the sanction and to the entry of findings that during the course of an investigation into whether Ed Daniel made unsuitable recommendations to purchase securities to a Wells Fargo customer, FINRA staff sent a letter to Ed Daniel, pursuant to FINRA Rule 8210, requesting that Ed Daniel produce documents and information to FINRA staff by July 6, 2018. On June 28, 2018, Ed Daniel submitted a response to FINRA staff, but failed to provide a complete response to the requests.
According to FINRA, FINRA staff sent a second letter pursuant to FINRA Rule 8210 to Daniel on July 8, 2018, requesting that Ed Daniel provide a complete response to the June 18 letter by July 16, 2018. According to FINRA, on July 9, 2018, Ed Daniel acknowledged receipt of the July 8 letter. According to FINRA, after FINRA staff granted Ed Daniel an extension of time to respond, on July 16, 2018, Ed Daniel’s counsel informed FINRA staff that Ed Daniel would not produce the requested information. According to FINRA, as stated in his counsel’s email and phone communications with FINRA staff on July 16, 2018, and by this agreement, Ed Daniel acknowledges that Ed Daniel received FINRA’s request and will not produce the information requested at any time.
If you lost any money on investments with Ed Daniel, you may be able to recover your losses from Wells Fargo Advisors, LLC. This is because Wells Fargo Advisors, LLC had a duty to supervise Ed Daniel.
If you lost money on investments with Ed Daniel 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 against Wells Fargo Advisors, LLC concerning Ed Daniel’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 Ed Daniel 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.