Goodman & Nekvasil P.A, May Recover Investor Losses | Mark Sherman Perry (Mark Perry), Financial Advisor Suspended from Securities Industry
From 2003 until Mark Perry’s resignation in 2015, Mark Perry was licensed with Royal Alliance Associates, Inc. According to FINRA’s records, Mark Perry resigned from Alliance Associates, Inc. on March 20, 2015. Royal Alliance Associates, Inc. reported to FINRA that Mark Perry was permitted to resign after Mark Perry was put under internal review for violations of firm’s email correspondence policy in connection with the firm’s review of a customer complaint, the firm reviewed email correspondence from Mark Perry to the customer that contained promissory and/or predictive, in violation of the firm policy.
FINRA brought a disciplinary action against Mark Perry in 2017. Mark Perry was ordered to an 18-month suspension. The FINRA complaint alleged that Mark Perry made unsuitable investment recommendations to four elderly retired customers. The findings stated that Mark Perry’s unsuitable investment recommendations resulted in collective realized and unrealized losses of approximately $200,000. FINRA found that Mark Perry caused his member firm to maintain inaccurate books and records by failing to disclose two customer complaints regarding trading losses to Mark Perry’s member firm, by making misleading and promissory statements, and by misstating several customers’ risk tolerance on new account forms.
If you lost any money on investments with Mark Perry, you may be able to recover your losses from Royal Alliance Associates, Inc. This is because Royal Alliance Associates, Inc. had a duty to supervise Mark Perry.
If you lost money on investments with Mark Perry and believe that 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 against Royal Alliance Associates, Inc. concerning Mark Perry’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.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on any investments with Mark Perry 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.