Goodman & Nekvasil P.A, May Recover Investor Losses – Lawrence Eugene Murphy Fired by MSI Financial Services, Inc.
From 2004 until Lawrence Murphy’s firing in 2016, Lawrence Murphy was licensed with MSI Financial Services, Inc. Lawrence Murphy was then briefly licensed with Equity Services, Inc. and is now licensed with International Assets Advisory, LLC. According to FINRA’s records, Lawrence Murphy was fired by MSI Financial Services, Inc. on August 12, 2016. MSI Financial Services, Inc. reported to FINRA that Lawrence Murphy’s firing related to not following company policy with respect to the handling of client files. Lawrence Murphy was permitted to resign from Equity Services, Inc. after just one month of employment. Equity Services, Inc. reported to FINRA that Lawrence Murphy’s resignation related to the pendency of civil litigation which alleged fraudulent conduct while Lawrence Murphy was a representative of MetLife Securities.
FINRA reports that lawsuit was filed involving Lawrence Murphy’s conduct with MSI Financial Services, Inc. alleging fraud, negligence and breach of fiduciary duty. This lawsuit was settled for $635,000, with Lawrence Murphy contributing $322,500 to the settlement.
If you lost any money on investments with Lawrence Murphy while Lawrence Murphy was employed with MSI Financial Services, Inc., Equity Services, Inc., and/or International Assets Advisory, LLC, you may be able to recover your losses from MSI Financial Services, Inc., Equity Services, Inc., and/or International Assets Advisory, LLC. This is because MSI Financial Services, Inc., Equity Services, Inc., and International Assets Advisory, LLC had a duty to supervise Lawrence Murphy.
If you lost money on investments with Lawrence Murphy, 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 MSI Financial Services, Inc., Equity Services, Inc., and/or International Assets Advisory, LLC concerning Lawrence Murphy’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 Lawrence Murphy 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: Lawrence Eugene Murphy, Lawrence Murphy, Murphy, MSI Financial Services, International Assets Advisory, Investment, Investor, Goodman and Nekvasil, Nekvasil, Goodman, FINRA, SEC