James Rapisarda – Financial Advisor/Broker James Rapisarda Suspended by FINRA | Goodman & Nekvasil, P.A. May Recover Investor Losses
James Rapisarda was a previously licensed financial advisor with LPL Financial LLC and National Planning Corporation. FINRA reports that James Rapisarda was suspended from the securities industry for 15 days in September 2020.
According to FINRA Allegations:
Rapisarda consented to the sanctions and to the entry of findings that he participated in private securities transactions involving a company in which he was a minority shareholder without prior written notice to his member firm. The findings stated that Rapisarda recommended that four individuals, including one firm customer, invest in the company. Three of those individuals subsequently paid a total of more than $10,000 to purchase shares in the company. In addition, Rapisarda assisted each of the individuals with executing their purchases of the company’s shares. Rapisarda did not receive any selling compensation associated with any of these transactions. Rapisarda’s participation in those securities transactions was outside the regular course and scope of his employment with the firm.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with James Rapisarda 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 James Rapisarda’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 James Rapisarda 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.
Some of the information in this blog post was obtained on 9/1/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.