LAWRENCE MERL Suspended by FINRA – Goodman & Nekvasil, P.A. May Recover Investor Losses
Former DAVID LERNER ASSOCIATES, INC. broker, LAWRENCE MERL Suspended by FINRA. Read the Westfair Business Journal’s Article.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
FINRA suspended Merl alleging that between February 2015 and October 2017, Merl recommended that four customer households invest in limited partnerships formed to acquire and develop oil and gas properties without having a reasonable basis to believe the investments were suitable for the customers based on their investment profiles.
Merl consented to a six-month suspension, a $10,000 fine and disgorgement of $153,475.73 plus interest.
LAWRENCE MERL Suspended by FINRA.
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 $400 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 1/07/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.