MICHAEL RAINERI Is Barred from Selling Securities | May Recover Investor Losses

MICHAEL RAINERI Is Barred from Selling Securities | Goodman & Nekvasil P.A. May Recover Investor Losses

Northstar Financial Services (Bermuda) Investigation

FINRA Barred Michael Raineri.

MICHAEL RAINERI a/k/a MICHAEL PATRICK RAINERI (CRD#: 4817558) Is Barred From Selling Securities.

Michael Raineri consented to the sanction and to the entry of findings that he converted customer funds. The findings stated that, at the request of one of his customers, Raineri began paying some personal expenses for the customer. Over time, Ranieri caused the customer to pay him at least $135,000, ostensibly to reimburse him for the payments he had made. The payments to Raineri, however, far exceeded the customer’s expenses Raineri had paid, and he was not entitled to the extra funds.

Goodman & Nekvasil, P.A. May Recover Investor Losses

If you lost any money on investments with Michael Raineri, you may be able to recover your losses. Investments that were recommended by Raineri may have been unsuitable, unapproved or otherwise improper for you. If you would like to discuss the possibility of your retaining our firm to represent you in an arbitration action, there is no charge for an evaluation of your case. We handle our cases on a contingency fee basis.

Goodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on investments and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained on 04/20/23 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

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