Jeffrey Stanga – Broker Jeffrey Stanga Previously Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Jeffrey Stanga a/k/a Jeffrey David Stanga is a currently licensed broker with FMN Capital Corporation. According to Jeffrey Stanga’s BrokerCheck Report, Jeffrey Stanga was fined $10,000 and suspended from the securities industry for 12 months in April 2021.
According to FINRA Allegations:
Stanga consented to the sanctions and to the entry of findings that he failed to fully disclose the nature of his outside business activities. The findings stated that prior to his association with the member firm, Stanga sold a private placement offering of membership units in connection with a residential real estate flipping business. Stanga provided written notice to the firm on his Form U4, describing his involvement as an “investor, gives advice/opinions on buying/fixing/selling residential homes,” but failed to fully disclose his role as “manager,” and that the business was an investment-related business. The findings also stated that Stanga participated in private securities transactions without providing the required written notice to, or receiving written approval from, the firm. Prior to his association with the firm, Stanga sold promissory notes to investors in connection with a real estate brokerage firm. After registering with the firm, Stanga participated in private securities transactions totaling $1,160,000 by facilitating the renewals of the real estate brokerage promissory notes he sold to investors prior to his association with the firm. Stanga facilitated the promissory note renewals for investors (one of whom was a firm customer) by acting as an intermediary between the investors and the real estate brokerage. Stanga received $28,359 in referral fees in connection with these private securities transactions.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Jeffrey Stanga 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 Jeffrey Stanga’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 Jeffrey Stanga 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 3/23/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.