MICHAEL MAGRUDER Terminated After RAYMOND JAMES & ASSOCIATES, INC. Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
MICHAEL MAGRUDER Terminated After RAYMOND JAMES & ASSOCIATES, INC. Allegations.
Michael Edwin Magruder
MICHAEL MAGRUDER
CRD#: 4579211
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your broker.
Michael Edwin Magruder (CRD#: 4579211), a former broker for RAYMOND JAMES & ASSOCIATES, INC. in ORLANDO, FL, was terminated by his former employer. According to RAYMOND JAMES & ASSOCIATES, INC., 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 Consents to FINRA Bar
According to the FINRA AWC, Magruder violated FINRA Rules 8210 and 2010 by failing to provide information and documents requested pursuant to FINRA Rule 8210. As a result, he is barred from associating with any FINRA member in all capacities.
MICHAEL MAGRUDER Terminated After RAYMOND JAMES & ASSOCIATES, INC. Allegations.
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 $500 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 6/30/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.