Goodman & Nekvasil P.A, May Recover Your Investment Losses – Haddad-Wylie Industries LLC (“HWIC”) Stock
In January 2016, Edward Durante, a recidivist securities law violator, was indicted, along with financial advisors Larry Werbel, Sheik Khan, and Christopher Cervino. The indictment alleged, among other things, that Larry Werbel, Sheik Khan and Christopher Cervino perpetrated a scheme to defraud more than 100 investors of at least $15 million by soliciting funds, including, but not limited to investments in Haddad-Wylie Industries LLC (“HWIC”) with false and misleading representations and omissions, and by failing to invest investors’ funds as promised. The indictment also alleged that Larry Werbel, Sheik Khan, and Christopher Cervino manipulated the market in the public stock of Haddad-Wylie Industries LLC (“HWIC”) for purposes of advancing the scheme to defraud investors and enriching themselves.
Edward Durante pleaded guilty in August 2016 to various crimes, including conspiracy, securities fraud, money laundering and perjury. Larry Werbel recently pled guilty to securities fraud, and Christopher Cervino and Sheik Khan were recently found guilty by a jury of securities fraud.
Larry Werbel was licensed with Summit Brokerage Services, Inc., Sheik Khan was licensed with Ameritas Investment Corp., and Christopher Cervino was licensed with COR Clearing LLC. If you invested in Haddad-Wylie Industries LLC (“HWIC”) through Larry Werbel, Sheik Khan and/or Christopher Cervino, our firm can help you. You may be able to recover your losses from Summit Brokerage Services, Inc., Ameritas Investment Corp. and/or COR Clearing LLC. This is because Ameritas Investment Corp., Summit Brokerage Services, Inc. and COR Clearing LLC had a duty to supervise Larry Werbel, Sheik Khan and Christopher Cervino.
If you lost money on investments in Haddad-Wylie Industries LLC (“HWIC”) stock or other investments with Larry Werbel, Sheik Khan or Christopher Cervino, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Ameritas Investment Corp., Summit Brokerage Services, Inc. and/or COR Clearing LLC. 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 $300 million on behalf of victimized investors.
If you invested in Haddad-Wylie Industries LLC (“HWIC”) or lost money on other investments with Sheik Khan, Larry Werbel or Christopher Cervino 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.