Kenny Kim a/k/a Kyusun Kim, Formerly Licensed with Sandlapper Securities, LLC and Independent Financial Group, LLC Barred from Securities Industry – Goodman & Nekvasil P.A. May Recover Investor Losses
Goodman & Nekvasil, P.A. may help investors recover monies that they lost on investments with Kenny Kim a/k/a Kyusun Kim. According to FINRA, Kenny Kim a/k/a Kyusun Kim was barred from the securities industry on November 16, 2017. FINRA reports that Kenny Kim a/k/a Kyusun Kim consented to the sanction and to the entry of findings that Kenny Kim a/k/a Kyusun Kim made unsuitable recommendations to numerous senior customers, who were retiring or had retired that they concentrate their retirement assets and liquid net worth in speculative and illiquid securities. The findings stated that many of the customers had little or no investment experience other than their 401(k) and pension plans and had never purchased the alternative investments recommended by Kenny Kim a/k/a Kyusun Kim. Kenny Kim a/k/a Kyusun Kim’s recommendations were unsuitable for these customers because the speculative and illiquid nature of these investments were inconsistent with the customers’ moderate or conservative investment objectives and risk tolerance. In addition, according to FINRA, Kenny Kim a/k/a Kyusun Kim’s recommendations resulted in an undue concentration of the customers’ retirement assets and liquid net worth in speculative and illiquid investments.
According to FINRA, Kenny Kim a/k/a Kyusun Kim failed to disclose to Kenny Kim a/k/a Kyusun Kim’s customers the risk associated with these products, including that the securities were speculative and illiquid. As a result of these recommendations, according to FINRA, Kenny Kim a/k/a Kyusun Kim’s customers suffered substantial losses.
If you lost any money on investments with Kenny Kim a/k/a Kyusun Kim, you may be able to recover your losses from Sandlapper Securities, LLC and/or Independent Financial Group, LLC. This is because Sandlapper Securities, LLC and Independent Financial Group, LLC had a duty to supervise Kenny Kim a/k/a Kyusun Kim.
If you invested with Kenny Kim a/k/a Kyusun Kim, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Sandlapper Securities, LLC and/or Independent Financial Group, LLC concerning Kenny Kim a/k/a Kyusun Kim’s conduct. There is no charge for an evaluation of your case. Further, we handle 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 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 Kenny Kim a/k/a Kyusun Kim 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.