Michael Griffith – Michael Roger Griffith Jr, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Michael Griffith was previously licensed with NYLife Securities LLC in Maryland. FINRA reports that Michael Griffith was barred from the securities industry in January 2016.
According to FINRA: Michael Griffith consented to the sanction and to the entry of findings that Michael Griffith submitted fictitious applications for life insurance on behalf of a customer of his member firm, forged the customer’s signature on the applications, and set up an automatic bank debit for the policies, using the customer’s banking information, – all without the customer’s knowledge or authorization. The findings stated that as a result, the customer’s account was debited $1,220. After the customer contacted Michael Griffith’s firm, the policies were canceled and Griffith repaid the customer $1,220.
If you lost money on investments with Michael Griffith 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 Griffith’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 Griffith 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.
Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange