Steven Fonda – Financial Advisor Steven Fonda Discharged from Waddell & Reed, Inc.

Goodman & Nekvasil P.A., May Recover Investor Losses | Steven Fonda – Financial Advisor Steven Fonda Discharged from Waddell & Reed, Inc. 

Steven Fonda CRD #2198086

From 2009 until Steven Fonda’s firing in 2017, Steven Fonda was licensed with Waddell & Reed, Inc. According to FINRA records, Steven Fonda was discharged from Waddell & Reed on January 12, 2017. Waddell & Reed, Inc. reported to FINRA that Steven Fonda violated firm policies including the unauthorized use of discretion in client accounts and attempting to settle a client complaint without written approval from the Firm.

FINRA reports that an arbitration claim was filed, alleging Steven Fonda invested an account in a manner subjecting the account to risk without the client’s knowledge, resulting in losses to the account. This claim involving Steven Fonda’s conduct with Waddell & Reed, Inc. settled for $140,000.

FINRA also reports that an arbitration claim involving Steven Fonda’s conduct with Waddell & Reed, Inc. is currently pending. The client alleges that Steven Fonda was negligent in handling his account, exercised discretion without authorization, and placed him in unsuitable investments. This claim seeks $100,000 in damages.

If you lost any money on investments with Steven Fonda, you may be able to recover your losses from Waddell & Reed, Inc. This is because Waddell & Reed, Inc. had a duty to supervise Steven Fonda.

If you lost money on investments with Steven Fonda 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 Waddell & Reed, Inc. concerning Steven Fonda’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 investments with Steven Fonda 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: Steven James Fonda, Steven Fonda, Fonda, Waddell, Reed, Waddell and Reed, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, Securities, 

Contact Us Today!

[]
1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
FormCraft - WordPress form builder