Goodman & Nekvasil P.A, May Recover Investor Losses – David Michael Apted (David Apted) Suspended from Securities Industry and Fired by Smith, Moore & Co. and Forest Securities, Inc.
From 2013 until David Apted’s firing in 2016, David Apted was licensed with Smith, Moore & Co. David Apted was subsequently licensed with Forest Securities, Inc. David Apted was previously licensed with Securities Service Network, Inc. According to FINRA’s records, David Apted was fired by Smith, Moore & Co. on March 14, 2016. Smith, Moore & Co. reported to FINRA that David Apted facilitated a private placement transaction through a firm other than Smith, Moore & Co. in violation of company policy.
According to FINRA’s records, David Apted was subsequently fired by Forest Securities, Inc. on February 28, 2018. Forest Securities, Inc. reported to FINRA that a review revealed David Apted failed to disclose an outside business activity, conducted a securities business while suspended, submitted fraudulent tax to documents to RIA affiliate, and made incomplete responses and material misrepresentations of fact to firm regarding firm requests.
Subsequent to David Apted’s firing, FINRA brought a disciplinary action against David Apted. David Apted consented to a 4-month suspension and a $10,000 monetary fine. FINRA reports that David Apted consented to the entry of findings that David Apted participated in investors’ private securities transactions in a certain venture-capital fund through another member firm without notifying his member firm about those transactions or his role in them.
If you lost any money on investments with David Apted, you may be able to recover your losses from Smith, Moore & Co., Securities Service Network, Inc. and/or Forest Securities, Inc. This is because Smith, Moore & Co., Securities Service Network, Inc. and Forest Securities, Inc. had a duty to supervise David Apted.
If you lost money on investments with David Apted and believe that 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 against Smith, Moore & Co., Securities Service Network, Inc. and/or Forest Securities, Inc., concerning David Apted’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 any investments with David Apted 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.
Keywords: David Michael Apted, David Apted, Apted, Forest Securities, FINRA, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, Securities