Michael Lancaster – Investment Adviser Terminated & Barred – May Recover Investor Losses
Edward Jones investment adviser, Michael Lancaster – Terminated & Barred.
Michael Ray Lancaster
CRD#: 6992330
Michael Ray Lancaster (CRD#: 6992330), a former registered representative for Edward Jones in LINCOLN, NE, was recently barred permanently after the broker consented to FINRA sanctions.
According to Lancaster’s FINRA BrokerCheck report, Without admitting or denying the findings, Lancaster consented to the sanction and to the entry of findings that he refused to produce written information and documents requested by FINRA in connection with its investigation surrounding his termination from his member firm. The findings stated that this matter originated from FINRA’s review of a Form U5 filed by Lancaster’s firm stating that he was discharged due to concerns he did not adhere to the firm’s complaints policy.
Edward Jones terminated Lancaster’s employment on January 4, 2024
Lancaster’s former broker dealer alleged concerns registered representative did not adhere to the firm’s complaints policy.
Michael Lancaster – Investment Adviser Terminated & Barred – May Recover Investor Losses
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their 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 4/9/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.