Mark Jude Ketner (Mark Ketner), Financial Advisor Suspended by FINRA | Goodman and Nekvasil May Recover Investors Losses

Goodman and Nekvasil May Recover Investors Losses | Mark Jude Ketner (Mark Ketner), Financial Advisor Suspended by FINRA 

According to FINRA on March 27, 2018, Mark Ketner was suspended after allegations that Ketner engaged in an unsuitable pattern of short-term trading of unit investment trusts (UITs) in connection with the accounts of customers. FINRA reports that Mark Ketner repeatedly recommended that his customers sell their UIT positions less than a year after purchase and use the proceeds from the short-term sale of a UIT to purchase another UIT with identical investment objectives. FINRA also shows the broker reported on April 6, 2015 the filing of an arbitration claim alleging from 2005-2013 the registered representative made unsuitable trades in client’s account. FINRA reports that client also alleges excessive trading with damages of $475,000.

Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments.

Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance.

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. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.

Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments and has recovered more than $180 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.  All our cases are handled on a purely contingency fee basis.

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. Finally, the filing of such a case should not affect your ownership of these investments in any way.

If you incurred losses on your investment  with Mark Ketner 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.

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