Joseph Paul Woitkoski (Joseph Woitkoski) – Financial Advisor/Broker Joseph Woitkoski Suspended from the Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Joseph Woitkoski was a previously licensed financial advisor with Raymond James & Associates, Inc. FINRA reports that Joseph Woitkoski will be suspended from the securities industry for 30 days beginning in September 2020.
According to FINRA Allegations:
Woitkoski consented to the sanctions and to the entry of findings that he exercised discretion without written authorization in accounts maintained by customers, some of whom were seniors. The findings stated that over the course of longstanding relationships, the customers gave authorization to Woitkoski to exercise discretion in their accounts. However, Woitkoski did not have written authority from the customers to exercise discretion in their accounts. Additionally, Woitkoski never requested or obtained approval from his member firm to exercise discretion in the customers’ accounts. Woitkoski also completed a compliance questionnaire in which he inaccurately stated that he did not exercise discretion in any non-fee based accounts. The findings also stated that Woitkoski caused the firm to maintain inaccurate books and records by mismarking order tickets for trades as unsolicited when the trades were his idea. Woitkoski had no communication with the customer for at least a week prior to entering the subject trade orders.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Joseph Woitkoski 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 Joseph Woitkoski’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 Joseph Woitkoski 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 8/25/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.