Michael Siva – Financial Advisor/Broker Michael Siva Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Michael Siva CRD #1751280
Michael Siva was a previously licensed financial advisor with Morgan Stanley. Inc. According to FINRA, Michael Siva was barred from the securities industry in September 2019.
According to the SEC Allegations:
On September 23, 2019, a judgment was entered by consent against Siva, permanently enjoining him from future violations of Sections 10(b) and 14(e) of the Exchange Act and Rules 10b-5 and 14e-3 thereunder, in the civil action entitled United States Securities and Exchange Commission v. Daniel Rivas, et al., 17-cv-06192, in the United States District Court for the Southern District of New York. On October 8, 2018, Michael Siva pleaded guilty to Conspiracy to Commit Securities Fraud and Tender Offer Fraud in violation of 18 U.S.C. §371 before the United States District Court for the Southern District of New York, in United States v. Michael Siva et al., 17-cr-503.
According to Michael Siva’s CRD:
Three customer disputes have been filed alleging sales practice violations against Michael Siva sales practice violations against Michael Siva. These customer disputes alleged unauthorized and/or excessive trading, and all were settled.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Michael Siva 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 Siva’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 Siva 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.
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