Eric Green – Ian Greenblatt, Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Ian Greenblatt, Eric Green CRD #2276966
Ian Greenblatt a/k/a Eric Green has been licensed with Capitol Securities Management, Inc. since 2012. FINRA reports that Ian Greenblatt was suspended from the securities industry for 30 days and fined $10,000 in October 2018.
ACCORDING TO FINRA: Ian Greenblatt consented to the sanctions and to the entry of findings that he settled a customer complaint away from his member firm. The findings stated that customers became dissatisfied with the performance of their brokerage account since their account had declined in value by over $170,000. One of these customers complained verbally to Ian Greenblatt about his management of their brokerage account and the losses they incurred. Ian Greenblatt did not report customer’s complaint to the firm. Ian Greenblatt met with customers at their home to discuss their complaint. At that meeting, Ian Greenblatt wrote a personal check in the amount of $46,000 payable to customers’ son who is not a customer of Ian Greenblatt or the firm in settlement of customers’ complaint. Ian Greenblatt also gave them $4,000 in cash at the meeting. During the meeting, Ian Greenblatt, and customers agreed that Ian Greenblatt would attempt to generate trading profits to recoup the losses suffered by customers in their brokerage account. Ian Greenblatt was unable to recover the losses that customers had suffered, and customers filed an arbitration against Ian Greenblatt.
According to Ian Greenblatt’s CRD, an arbitration claim was filed alleging unsuitable recommendations, elder abuse, breach of fiduciary duty, negligence and breach of contract. According to Ian Greenblatt’s CRD, this arbitration claim was settled for $183,000.
If you lost money on investments with Ian Greenblatt and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Ian Greenblatt’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 $180 million on behalf of victimized investors. If you lost money on investments with Ian Greenblatt 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.
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