Jay DiPaola – Financial Advisor/Broker Jay Dipaola Investigated by FINRA | Goodman & Nekvasil, P.A. May Recover Investor Losses
Jay DiPaola was a previously licensed financial advisor/broker with Chardan Capital Markets LLC. According to Jay DiPaola’s BrokerCheck Report, Jay DiPaola was investigated by FINRA in March 2021.
According to FINRA:
On March 26, 2021, FINRA made a preliminary determination to recommend that disciplinary action be brought against Jason DiPaola alleging violations of Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act), Rule 10b-5, and FINRA Rules 2020 and 2010 by manipulative trading and trading while in possession of material non-public information in stocks; Violation of NASD Conduct Rule 3050(c) and FINRA Rule 2010 by failing to promptly disclose an outside brokerage account and his association with a member firm, which account he used for trading in the stock and through which he traded in violation of the firm’s restricted list; and Violation of FINRA Rules 4511(a) and 2010 by submitting false and misleading disclosure forms to the firm, that omitted to disclose an outside brokerage account in which he traded and falsely represented that he had not acted as a fiduciary with respect to any outside accounts.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Jay DiPaola 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 Jay DiPaola’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 $200 million on behalf of victimized investors. If you lost money on investments with Jay DiPaola 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 5/5/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.