Linda Milberger Named in FINRA Disciplinary Action – Goodman & Nekvasil P.A, May Recover Investor Losses

Goodman & Nekvasil P.A, May Recover Investor Losses – Linda Milberger Named in FINRA Disciplinary Action

The Financial Industry Regulatory Authority, Inc. (“FINRA”) has filed a disciplinary action against Linda Milberger, alleging that Linda Milberger worked as an assistant for Kyle Patrick Harrington. FINRA alleges that Kyle Harrington converted approximately $20,000 from one of his customers, engaged in several undisclosed private securities transactions that Kyle Harrington attempted to conceal from Kyle Harrington’s firm and FINRA, and Kyle Harrington created false documents to submit to FINRA to conceal Kyle Harrington’s misconduct. FINRA also alleges that Linda Milberger engaged in a series of deceptions to help Kyle Harrington conceal Kyle Harrington’s conversion of customer funds and Kyle Harrington’s involvement in private securities transactions. Specifically, FINRA alleges that Linda Milberger falsified wire request forms which allowed Kyle Harrington’s conversion of customer funds, submitted those falsified wire request forms to Linda Milberger’s firm and another broker-dealer as if they were authentic records, and knowingly assisted Kyle Harrington in providing an altered bank statement to FINRA.

From 2012 until Kyle Harrington’s firing in 2016, Kyle Harrington worked for National Securities Corporation. Linda Milberger worked as his sales assistant. If you lost any money on investments with Kyle Harrington and/or dealings with Linda Milberger, including investments in Islet Sciences, Inc. (f/k/a “ISLT”) stock, you may be able to recover your losses from National Securities Corporation. This is because National Securities Corporation had a duty to supervise Kyle Harrington and Linda Milberger.

If you lost money on investments in Islet Sciences, Inc. (f/k/a “ISLT”) stock, or any other investments with Kyle Harrington, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against National Securities Corporation, concerning Kyle Harrington and Linda Milberger’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 $170 million on behalf of victimized investors. If you lost money on Islet Sciences, Inc. (f/k/a “ISLT”) stock or any other investments with Kyle Harrington 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: Linda Milberger, Milberger, FINRA, Investment, Securities Attorney, Securities, Broker, Kyle Harrington, Harrington, ISLT, National Securities Corporation, National Islet Sciences, Goodman and Nekvasil, Nekvasil, Goodman

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