Michael Magruder Has A Pending Investor Complaint – Goodman & Nekvasil, P.A. May Recover Investor Losses
Former RAYMOND JAMES & ASSOCIATES, INC. investment adviser, Michael Magruder Has A Pending Investor Complaint.
MICHAEL MAGRUDER
CRD#: 4579211
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
Michael Edwin Magruder (CRD#: 4579211), a former registered representative for RAYMOND JAMES & ASSOCIATES, INC. in Orlando, FL, has a pending investor complaint. According to Magruder’s FINRA BrokerCheck report, Individual alleged to have failed to follow firm procedures with respect to receipt of loans from customers, and failed to comply with firm policies requiring updates to registration Form U4.
Magruder was terminated by Raymond James & Associates when the alleged that he failed to follow firm procedures with respect to receipt of loans from customers, and failed to comply with firm policies requiring updates to registration Form U4.
The former Raymond James & Associates broker also had a settled customer complaint with similar allegations of client making a personal loan to FA at FA’s request. The claim settled for $189,259.57.
Michael Magruder has a pending investor complaint.
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 10/28/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.