Goodman and Nekvasil May Recover Investors Losses | Michel Rene Lavelanet (Michel Lavelanet), Financial Advisor Suspended by FINRA
FINRA reports that Michel Lavelanet was licensed with Woodstock Financial Group, Inc. from 1998 to 2015. FINRA reports that Michel Lavelanet, was suspended from association with any FINRA member in any capacity for six months on May 23, 2016. FINRA reports that Michel Lavelanet willfully failed to timely amend his U4 to disclose federal tax liens and state tax warrants totaling approximately $382,490. The findings stated that Michel Lavelanet made a false attestation on his member firm’s annual compliance questionnaire.
Woodstock Financial Group reported to FINRA on December 8, 2014 an arbitration claim was filed alleging omission of material facts, unsuitable investments, excessive trading, fraud, negligent misrepresentation, breach of contract, breach of fiduciary duty and conversion. FINRA reports that the claim was settled for $125,000.
Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments.
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. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments and has recovered more than $180 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. All our cases are handled on a purely contingency fee basis.
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. Finally, the filing of such a case should not affect your ownership of these investments in any way.
If you incurred losses on your investment with Michel Lavelanet, you may be able to recover your losses from Woodstock Financial Group, Inc. This is because Woodstock Financial Group, Inc., had a duty to supervise Michel Lavelanet. If you 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.