Michael Ahearn – Michael John Ahearn, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Michael Ahearn, CRD #2661001
Michael Ahearn was previously licensed with Merrill Lynch in Yardley, Pennsylvania. FINRA reports that Michael Ahearn was barred from the securities and investment banking industry in April 2019.
ACCORDING TO FINRA: Michael Ahearn consented to the sanction and to the entry of findings that he provided FINRA false information in a written response to its request for information and provided false testimony to FINRA during an on-the-record interview. The findings stated that FINRA made the requests for information and testimony in connection with an investigation into Michael Ahearn and another registered representative regarding allegations that the other representative failed to disclose his association with an individual’s trust accounts to his member firm. That he was the trustee of the individual’s assets and that he had been named as the executor of her estate. On multiple account opening documents for the individual’s trust, Michael Ahearn represented that a FINRA member firm or other financial services company did not employ this representative, the trustee for that individual’s trust and authorized person on the accounts. When FINRA sent Michael Ahearn, a request asking about these account-opening documents, Michael Ahearn stated that the representative had told him he was unemployed and had never told him that he was a representative at another broker-dealer. The findings also stated that Ahearn repeated this story in the later on-the-record interview when he testified, under oath, that the representative had told him he was unemployed and that he did not learn that the representative worked for another broker-dealer until after opening the individual’s accounts. Ahearn has since admitted these statements were false. Michael Ahearn knew at the time he opened the individual’s trust accounts that the representative was employed by another broker-dealer, and he deliberately misled FINRA about that fact.
If you lost any money on investments with Michael Ahearn, you may be able to recover your losses. If you lost money on investments with Michael Ahearn and believe 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 concerning Michael Ahearn’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.
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. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Michael Ahearn 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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