FINRA Suspends Rajen “Nick” Duggal – May Recover Losses

FINRA Suspends Rajen “Nick” Duggal – Goodman & Nekvasil, P.A. May Recover Losses

FINRA suspends Rajen “Nick” Duggal.

CRD#: 6505933

Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.  

RAJEN DUGGAL (CRD#: 6505933), a previously registered broker for PAULSON INVESTMENT COMPANY LLC, in San Francisco, CA, is suspended from the securities industry. FINRA’s findings allege that Duggal while registered with his firm, began working with a startup business in an investor-relations role and had the expectation that his efforts on behalf of this startup would lead to compensation. During the approximately seven months that Duggal worked for the startup and remained associated with his firm, he received approximately $80,000 in compensation from the startup. Duggal was previously terminated by PAULSON INVESTMENT COMPANY LLC for engaging in an undisclosed Outside Business Activity.


Nick Duggal Investigation

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its 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 2/6/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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