James Patrick Acosta (James Acosta) Barred from Securities Industry, Formerly Licensed with Citigroup Global Markets, Inc. – Goodman & Nekvasil P.A., May Recover Investor Losses
From 2013 until James Acosta’s discharge in 2016, James Acosta was licensed with Citigroup Global Markets, Inc. According to FINRA’s records, James Acosta was discharged from Citigroup Global Markets, Inc. on June 28, 2016. Citigroup Global Markets, Inc. reported to FINRA that James Acosta was discharged for activity in James Acosta’s personal bank account and James Acosta’s representations regarding same. According to Citgroup Global Markets, Inc., James Acosta was also under review regarding James Acosta’s outside business activities and regarding a request James Acosta made to another registered representative, a relative of James Acosta’s, to sign his name on certain documents.
Subsequent to James Acosta’s discharge from Citigroup Global Markets, Inc., FINRA investigated James Acosta and brought a disciplinary action against James Acosta. James Acosta was barred from the securities and investment banking industry on June 4, 2018. FINRA reports that James Acosta consented to the sanction and to the entry of findings that James Acosta failed to appear and provide FINRA with requested on-the-record testimony related to James Acosta’s termination from James Acosta’s member firm.
If you lost any money on investments with James Acosta, you may be able to recover your losses from Citigroup Global Markets, Inc. This is because Citigroup Global Markets, Inc. had a duty to supervise James Acosta.
If you lost money on investments with James Acosta 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 against Citigroup Global Markets, Inc., concerning James Acosta’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.
Our firm has a unique, unparalleled track record. Kalju Nekvasil, Esq., has not lost a securities arbitration case in more than 13 years. Goodman & Nekvasil, P.A. has recovered approximately $180 million on behalf of victimized investors. If you lost money on investments with James Acosta 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.