KEVIN MCCARTHY – Broker Terminated and Barred After Customer Complaint
KEVIN MCCARTHY – Broker Terminated and Barred After Customer Complaint. The former MADISON AVENUE SECURITIES, LLC broker was terminated after a $1.6 Million customer complaint said the adviser allegedly facilitated the disappearance of $1.6 million from three of the client’s bank accounts between January 2018 and June 2024.
FINRA barred McCarthy indefinitely after he refused to produce information or documents.
Victims of Unsuitable Advice May Recover Investment Losses – Contact Goodman & Nekvasil, P.A. Today
KEVIN CHRISTOPHER MCCARTHY (CRD#: 1702715) a former Hialeah, FL broker has a pending investor complaint. The former Madison Avenue Securities, LLC broker was terminated and barred after McCarthy’s employer received the complaint.
According to McCarthy’s FINRA BrokerCheck report, The complaint alleges the advisor managed the client’s financial affairs without a Durable Power of Attorney and allegedly facilitated the disappearance of $1.6 million from three of the client’s bank accounts between January 2018 and June 2024. The advisor also allegedly failed to report the client’s death and the advisor’s family received money and assets from the client’s accounts. In addition, unauthorized changes were allegedly made to the client’s beneficiaries without proper signatures. A limited partnership remains registered under the client’s name.
If you suffered investment losses while working with a broker/financial adviser you may qualify for financial compensation through FINRA arbitration. Contact the national investment fraud law firm Goodman & Nekvasil, P.A. today for a free case evaluation.
KEVIN MCCARTHY – Broker Terminated and Barred After Customer Complaint
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 5/8/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.