Matt Hawkins Has an SEC Complaint – Goodman & Nekvasil, P.A., May Recover Investor Losses
Matt Hawkins Has an SEC Complaint.
Lexington, South Carolina financial advisor Matthew Hawkins (CRD# 5731136) allegedly engaged in potential violations of securities industry rules, according to a pending complaint by the Securities and Exchange Commission.
Financial Industry Regulatory Authority records show that he is a broker with Centaurus Financial, doing business as Cola Wealth Advisor.
Matt Hawkins Investigation
Lexington, South Carolina financial advisor Matthew Hawkins (CRD# 5731136) allegedly engaged in potential violations of securities industry rules, according to a pending complaint by the Securities and Exchange Commission. Financial Industry Regulatory Authority records show that he is a broker with Centaurus Financial, doing business as Cola Wealth Advisor.
Mr. Hawkins’ BrokerCheck report discloses the pending SEC enforcement action against him. Filed in August 2023, it alleges that he “potentially violated” a Securities Exchange Act of 1934 rule known as “Regulation Best Interest,” and more specifically that he failed to comply with its “Care Obligation.”
FINRA explains that investment advisors must recommend investments which they “have a reasonable basis to believe” are in the best interest of their retail customers.
The SEC’s complaint against Mr. Hawkins specifies that the allegedly underlying conduct pertained to corporate bond investments. The regulator is seeking an civil and administrative penalties and/or fines, disgorgement, and an order barring him in the complaint, which is still pending.
According to Financial Industry Regulatory Authority records, Matt Hawkins holds 12 years of securities industry experience. A Lexington, South Carolina-based broker, he has been registered with Centaurus Financial since 2015, doing business as Cola Wealth Advisors. (Information current as of October 11, 2023.)
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its 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 10/16/23. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.