Glenn Robert King (Glenn King), Financial Advisor Barred from Securities Industry | Goodman and Nekvasil May Recover Investors Losses

Goodman and Nekvasil May Recover Investors Losses | Glenn Robert King (Glenn King), Financial Advisor Barred from Securities Industry 

Glenn King was licensed with Buckman, Buckman & Reid, Inc. from 2012 to 2015. FINRA reports that Glenn King was barred by the Financial Industry Regulatory Authority (FINRA) on July 20, 2017.

FINRA reports that Glenn King was named a respondent in a FINRA complaint alleging that Glenn King misrepresented to the customers, whom were all retirees, that he would use their investment funds to purchase safe, no-risk bonds, and that he would not charge any fees or commissions on the transactions. The complaint alleges that Glenn King used the customers’ funds to purchase UITs, resulting in approximately $17,000 in realized losses to the customers (approximately $43,000 in unrealized losses) and approximately $38,000 in commissions to him.

The complaint also alleges that Glenn King engaged in a pattern of short-term trading in long-term investment products in the accounts of customers. The complaint alleges that this pattern of trading was excessive and unsuitable, and resulted in approximately $163,000 in losses to the customers, while Glenn King generated gross commissions of approximately $210,000.

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 investments.

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. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.

Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments and has recovered more than $180 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.  All our cases are handled on a purely contingency fee basis.

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. Finally, the filing of such a case should not affect your ownership of these investments in any way.

If you incurred losses on your investment  with Glenn King 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.

Contact Us Today!

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