Michael Corrada Has Investor Complaints – Goodman & Nekvasil, P.A., May Recover Investor Losses
Michael Corrada has investor complaints.
Former broker, Michael Wayne Corrada (CRD# 709158), is the subject of investor disputes that allege unsuitable investment advice.
Details about the allegations against him are below, based on an November 1, 2023 review of his Financial Industry Regulatory Authority (FINRA) BrokerCheck profile.
Investors File Complaints Alleging Unsuitable Recommendations
Two groups of investors filed disputes involving Mr. Corrada in September 2023. Both complaints allege that he recommended unsuitable alternative investments; one of the complaints alleges additionally that he “failed to conduct reasonable and adequate due diligence” on the products. The disputes seek more than $200,000.
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 10/27/23. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.