GOODMAN & NEKVASIL P.A, MAY RECOVER INVESTOR LOSSES – HOWARD LESTER SCHWARTZ FIRED BY RAYMOND JAMES FINANCIAL SERVICES, INC.
From 2002 until his firing in 2013, Howard Schwartz was licensed with Raymond James Financial Services, Inc. According to FINRA’s records, Howard Schwartz was fired by Raymond James Financial Services, Inc. on August 9, 2013. Raymond James Financial Services, Inc. reported to FINRA that Raymond James Financial Services, Inc. felt uncomfortable supervising Howard Schwartz due to Howard Schwartz having undisclosed business activity outside of Raymond James Financial Services, Inc.
Following Howard Schwartz’ firing by Raymond James Financial Services Inc., FINRA investigated Howard Schwartz and brought a disciplinary action against Howard Schwartz. Howard Schwartz consented to a 30-day suspension and a $5,000 monetary fine. Howard Schwartz also consented to findings that Howard Schwartz engaged in two outside business activities without requesting and receiving authorization to do so from Raymond James Financial Services, Inc. The findings state that Howard Schwartz earned between $30,000 and $40,000 in annual revenues through a company Howard Schwartz established for services that included bill paying services. The findings also included that Howard Schwartz, along with three other individuals, formed a limited liability company to invest in real estate. Howard Schwartz did not request permission from Raymond James Financial Services, Inc. to establish or engage in this real estate business.
If you lost any money on investments with Howard Schwartz, you may be able to recover your losses from Raymond James Financial Services, Inc. This is because Raymond James Financial Services, Inc. had a duty to supervise Howard Schwartz.
We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Raymond James Financial Services, Inc. concerning Howard Schwartz’s conduct. 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.
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. Goodman & Nekvasil, P.A. has recovered more than $170 million on behalf of victimized investors. If you lost money on investments with Howard Schwartz 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.