PEI Worldwide (PEIW) Penny Stock – Goodman & Nekvasil P.A. May Recover Investor Losses

Goodman & Nekvasil P.A. May Recover Investor Losses – PEI Worldwide (PEIW) Penny Stock

According to the SEC, PEI Worldwide (PEIW) is a penny stock company that was once sold out of a “boiler room” alongside Systems America, Inc. (SYAI) a/k/a Cloudeeva, Inc., Healthient, Inc. (SNAX) and Sycamore Ventures, Inc. (SYVN) as part of a fraudulent pump-and-dump-scheme.

FINRA reports that Doug Cmelik, once a licensed financial advisor with Ameriprise Financial Services, Inc., placed 133 orders to purchase PEI Worldwide (PEIW) and marked the order tickets as “unsolicited” even though Doug Cmelik solicited these purchases. FINRA suspended Doug Cmelik from the securities and investment banking industry for 60 days and fined Doug Cmelik $10,000 for Doug Cmelik’s actions.

If you invested in PEI Worldwide (PEIW), and you lost money, you may be able to recover your losses from Ameriprise Financial Services, Inc. This is because Ameriprise Financial Services, Inc. had a duty to supervise Doug Cmelik.

If you lost money concerning your investments in PEI Worldwide (PEIW), we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Ameriprise Financial Services, Inc. concerning Doug Cmelik’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 in PEI Worldwide (PEIW) stock 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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