GERRY LINARDUCCI Sold DRIVE PLANNING, LLC – May Recover Investor Losses

Former MML INVESTORS SERVICES, LLC broker, GERRY LINARDUCCI Sold DRIVE PLANNING, LLC. The SEC charged Drive Planning, LLC with orchestrating a 300 million dollar Ponzi scheme.

GERARDO LORENZO LINARDUCCI
GERRY LINARDUCCI
CRD#: 2807047

Call 800-500-4442 if you purchased Drive Planning, LLC from Gerry Linarducci between 07/14/2020 – 06/23/2021.

GERARDO LORENZO LINARDUCCI (CRD#: 2807047), a former registered representative for MML INVESTORS SERVICES, LLC in Indianapolis, IN, sold alleged Ponzi Scheme, Drive Planning, LLC. According to court documents from the SEC’s complaint, Linarducci introduced himself to perspective investors as a “managing director” of Drive Planning. Linarducci repeated claims, according to the court document, to the perspective investor that the funds would pay a guaranteed 10% and did not disclose that payments would come from new investors.

The Judge in the Drive Planning, LLC SEC case issued an order appointing a receiver. The receiver will oversee receivership assets and recoverable assets until further order of the court.

GERRY LINARDUCCI Sold DRIVE PLANNING, LLC.

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended Drive Planning, LLC 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 8/15/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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