Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk oil and gas related investments, including CORE RESOURCE MANAGEMENT INC. Even though high yield or junk bonds, notes, stock and limited partnership units issued by oil and gas companies …

Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk oil and gas related investments.    Even though high yield or junk bonds, notes, stock and limited partnership units issued by oil and gas companies have long been considered …

In an effort to avoid the possibility of Chapter 11 bankruptcy, real estate investor Tony Thompson is soliciting investors through his real estate management company Thompson National Properties to swap out failed high-yield-notes once sold by TNP in exchange for stock in the venture. In July 2014, Thompson National Properties (TNP) initially pitched the offer to investors in an effort …

FINRA’s Board of Governors recently approved a rule proposal that prohibits firms and their representatives from conditioning dispute settlements on customer agreements regarding expungement of the customer complaints from the brokers’ FINRA records. Previously, arbitration settlements could include conditions requiring customers to agree not to oppose an industry party’s request for expungement of the industry party’s FINRA records relating to …

In an ongoing case brought by the SEC, Detroit Memorial Partners, LLC (“DMP”) and its managing member Mark Morrow have been charged with offering fraud. Morrow, a resident of Cincinnati, Ohio, is alleged to have orchestrated a scheme in which DMP issued approximately $19 million in fraudulent promissory notes and sold nearly $4.5 million in “equity interests.” Approximately 190 investors …

We would like to welcome you to the new website for Goodman & Nekvasil! You may notice that the new layout is a change, but we hope that all of our work has gone into improving your experience with our home on the web. Please explore the site to learn more about our firm, and how we may be able …

Victimized Retired Farmer Successfully Alleges That Wells Fargo’s Rochester, Minnesota, Branch Office Recommended High-Risk, Unsuitable Energy Investments Victimized Retired Farmer Successfully Alleges That Wells Fargo’s Rochester, Minnesota, Branch Office Recommended High-Risk, Unsuitable Energy Investments and That His Financial Advisor, Adam T. Marquardt, Misrepresented the Annual Expenses Incurred in Replacing a Variable Annuity MINNEAPOLIS, MN – February 14, 2018 — Goodman …

A Financial Industry Regulatory Authority Inc. arbitration panel has awarded $276,226 to an investor who lost money buying securities in what turned out to be a Ponzi scheme. Independent broker-dealer Quest Capital Strategies Inc. must pay the award for not supervising more closely one of its brokers, Frank R. Dietrich, who sold the investor $400,000 worth of mortgage notes sponsored …

Forest Securities, Inc., Loses Second Woodbridge Case to Go to a Final Hearing Milwaukee, Wisconsin, Arbitration Panel Finds That Broker-Dealer Violated the Securities and Exchange Act of 1934 and the Wisconsin Uniform Securities Law by Failing to Reasonably Supervise a Financial Advisor Working From His Home ST. PETERSBURG, Fla., Nov. 21, 2019 (GLOBE NEWSWIRE) — Goodman & Nekvasil, P.A., announces …