Jerry Rice – Financial Advisor/Broker Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Jerry Rice is a previously licensed financial advisor with Raymond James Financial.
According to FINRA, Jerry Rice was fined $10,000 and suspended from the securities industry for six months in September 2021.
According to FINRA Allegations:
Between October 2013 and January 2019, Rice circumvented Raymond James’s written procedures prohibiting, without the firm’s approval, representatives from receiving gifts from customers and being named as a beneficiary in a customer’s will. Rice received $477,000 in monetary gifts from a senior customer. He was also named as a beneficiary in the same customer’s will. In addition to failing to disclose the gifts and bequest, in 2018 and 2019, Rice failed to disclose in response to compliance questionnaires that he had received gifts from a customer or been named as a beneficiary in a customer’s will.
Goodman & Nekvasil, P.A. May Recover Investor Losses:
If you lost money on investments with Jerry Rice 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 Jerry Rice’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 Jerry Rice 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 9/21/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.