Goodman & Nekvasil P.A., May Recover Investor Losses – James Michael Kerin (James Kerin) Formerly Licensed with Pruco Securities, LLC
From 2013 until 2015, James Kerin was licensed with Pruco Securities, LLC. James Kerin was formerly licensed with Hartford Equity Sales Company, Inc. According to FINRA’s records, James Kerin resigned from Pruco Securities, LLC on July 21, 2015. Pruco Securities, LLC reported to FINRA that James Kerin was accused of not disclosing or obtaining the Firm’s approval for engaging in outside business activities (selling life insurance products of non-Prudential carriers) that presented a conflict of interest and violated firm policy.
FINRA also reports that a lawsuit was filed involving James Kerin’s conduct with Hartford Equity Sales Company, Inc. The lawsuit alleges that a third-party agent and James Kerin misrepresented that the 412(I) Plan (“Plan”) was perfectly suited to clients and there was no downside to adopting the plan. This lawsuit was settled for $470,000, of which $216,826.41 represented the cash surrender value of the life policies and annuities.
If you lost any money on investments with James Kerin, you may be able to recover your losses from Pruco Securities, LLC and/or Hartford Equity Sales Company, Inc. This is because Pruco Securities, LLC and Hartford Equity Sales Company, Inc. had a duty to supervise James Kerin.
If you lost money on investments with James Kerin 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 Pruco Securities, LLC and/or Hartford Equity Sales Company, Inc. concerning James Kerin’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 $300 million on behalf of victimized investors. If you lost money on investments with James Kerin 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.
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