Micheal Lucas Has A Settled Investor Complaint – Goodman & Nekvasil, P.A., May Recover Investor Losses
Former investment adviser, Micheal Lucas Has A Settled Investor Complaint.
MICHAEL DEAN LUCAS II, MICHAEL DEAN LUCAS, MICHEAL DEAN LUCAS II, Micheal D Lucas
CRD#: 5695141
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
Micheal D Lucas II (CRD#: 5695141), a former registered representative in PHOENIX, AZ, has a settled investor complaint. According to Lucas’ FINRA BrokerCheck report, Claimant alleged, in 2018, that the agent intentionally misled him to sign documents for an annuity on 07/25/2018, which was funded with proceeds from a 401(k), even though the agent knew the complainant’s desire was to have his funds deposited into a liquid money market account.
The customer complaint settled for $748,303.32.
Lucas Resigns from Elevated Capital Advisors, LLC
Lucas was permitted to resign from his employment as an investment adviser with Elevated Capital Advisors, LLC on 12/18/2024. Michael D Lucas II’s former employer, Elevated Capital Advisors, LLC, said the associate was alleged to have provided a document needing client initials, but resubmitted the documents with initials that did not match previous initials from the same clients.

Micheal Lucas has a settled investor complaint.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its 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 1/31/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.