Goodman & Nekvasil P.A, May Recover Investor Losses – Glenn Allen Moffitt Fired by Cambridge Investment Research, Inc.
From 2013 until Glenn Moffitt’s firing in 2014, Glenn Moffitt was licensed with Cambridge Investment Research, Inc. Glenn Moffitt was also licensed with LPL Financial, LLC and First Allied Securities, Inc. According to FINRA’s records, Glenn Moffitt was fired by Cambridge Investment Research, Inc. on August 13, 2014. Cambridge Investment Research, Inc. reported to FINRA that Glenn Moffitt’s firing was related to allegations of conversion of funds.
Following Glenn Moffitt’s firing by Cambridge Investment Research, Inc., FINRA investigated Glenn Moffitt and brought a disciplinary action against Glenn Moffitt. Glenn Moffitt was permanently barred from the securities and investment banking industry in August 2015. Glenn Moffitt consented to the sanction and to the entry of the findings that Glenn Moffitt failed to appear for an on-the-record interview (OTR) as requested by FINRA during an investigation into allegations that Glenn Moffitt converted at least $370,000 from an elderly customer.
FINRA reports that an arbitration claim involving Glenn Moffitt’s conduct with Cambridge Investment Research, Inc., LPL Financial, LLC, and/or First Allied Securities, Inc. was filed alleging misappropriation of funds in client’s accounts. This arbitration claim was settled for $118,750.
If you lost any money on investments with Glenn Moffitt while Glenn Moffitt was employed with Cambridge Investment Research, Inc., LPL Financial, LLC, and/or First Allied Securities, Inc., you may be able to recover your losses from Cambridge Investment Research, Inc., LPL Financial, LLC, and/or First Allied Securities, Inc. This is because Cambridge Investment Research, Inc., LPL Financial, LLC, and First Allied Securities, Inc., had a duty to supervise Glenn Moffitt.
If you lost money on investments with Glenn Moffitt 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 against Cambridge Investment Research, Inc., LPL Financial, LLC, and/or First Allied Securities, Inc. concerning Glenn Moffitt’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. If you lost money on investments with Glenn Moffitt 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: Glenn Allen Moffitt, Moffitt, Glenn Moffitt, Cambridge Investment, Investment, Cambridge Research, Securities, Securities Attorney, Attorney, Broker, Brokerage, LPL Financial, First Allied Securities, Goodman and Nekvasil, Nekvasil, Goodman