Emilio Guajardo Suspended by FINRA – Goodman & Nekvasil, P.A. May Recover Investor Losses
Former MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED broker, Emilio Guajardo Suspended by FINRA.
Emilio Guajardo
CRD#: 4871764
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
Without admitting or denying the findings, Guajardo consented to the sanctions and to the entry of findings that he overconcentrated customer accounts in a UIT that invested only in the energy sector, which was inconsistent with the customers’ investment objectives and risk tolerances. The findings stated that Guajardo obtained commissions totaling $34,878.29 and his recommendations that the customers invest in the UIT resulted in concentrations in the alternative investment, ranging from 22 percent to 99 percent of the customers’ account assets. Guajardo’s member firm entered into settlements with the affected customers following a written complaint that it received.
Stockton consented to a three-month suspension, and a $5,000 fine. Guajardo also consented to disgorgement for $34,878.29.
Emilio Guajardo Suspended by FINRA.
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 1/13/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.