Kenric Sexton – Financial Advisor/Broker Kenric Sexton Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Kenric Sexton is a previously licensed financial advisor with Wells Fargo.
According to FINRA, Kenric Sexton was suspended from the securities industry for one month in August 2021.
According to FINRA Allegations:
Sexton consented to the sanctions and to the entry of findings that he made negligent misrepresentations in an application to the Small Business Administration (SBA) seeking an economic injury disaster loan. The findings stated that Sexton did not read the loan program requirements carefully before applying for the loan and then submitted an application to the SBA seeking such a loan. Sexton, then a registered representative with no disclosed outside business activities (OBAs), did not operate any business eligible for a small business loan from the SBA. Instead, Sexton was seeking the loan to fund his self-directed online trading account. In his application to the SBA, Sexton negligently misrepresented that he operated his self-directed online trading account as a sole proprietorship. Based on Sexton’s negligent misrepresentations in the loan application, the SBA granted him a $1,000 advance on an economic injury disaster loan. Later, the SBA denied Sexton’s loan application.
Goodman & Nekvasil, P.A. May Recover Investor Losses:
If you lost money on investments with Kenric Sexton 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 Kenric Sexton’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 Kenric Sexton 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.