Goodman & Nekvasil P.A, May Recover Investor Losses | Terry Bagwell – Financial Advisor Terry Bagwell Barred from Securities Industry
From 2011 until March 2015, Terry Bagwell was a supervisor at Pruco Securities, LLC. Terry Bagwell was formerly licensed with MetLife Securities Inc. In March 2015, Terry Bagwell consented to a bar from the securities and investment banking industry by the Financial Industry Regulatory Authority (“FINRA”). Terry Bagwell consented to findings that Terry Bagwell, contrary to Pruco Securities, LLC’s policy, engaged in unapproved private securities transactions by purchasing $35,000 in securities from Bryan Wayne Anderson, through accounts held away from the firm, without prior written notice to the firm or receiving permission to do so. Terry Bagwell consented to findings that Terry Bagwell failed to reasonably supervise Bryan Anderson in a manner reasonably designed to achieve compliance with the applicable FINRA rules. Terry Bagwell also consented to findings by FINRA that Terry Bagwell was the designated supervisor of Bryan Wayne Anderson who sold firm and non-firm customers approximately $8.4 million in unapproved investments that were part of an ongoing Ponzi scheme.
Terry Bagwell consented to further findings by FINRA that Terry Bagwell became aware of Bryan Wayne Anderson’s participation in private securities transactions that were not approved by the firm, in violation of Pruco Securities, LLC’s policy. These findings stated that Terry Bagwell personally participated in certain of these unapproved private securities transactions.
FINRA also reports numerous settlements of claims against Pruco Securities, LLC and/or MetLife Securities, Inc. concerning Terry Bagwell’s failure to supervise Bryan Wayne Anderson in connection with Bryan Wayne Anderson’s Ponzi scheme.
If you lost any money on investments with Terry Bagwell, including investments in Bryan Anderson’s Ponzi scheme, you may be able to recover your losses from MetLife Securities Inc. and/or Pruco Securities, LLC. This is because MetLife Securities Inc. and/or Pruco Securities, LLC had a duty to supervise Bryan Anderson.
If you lost money on investments with Terry Bagwell, including investments in Bryan Anderson’s Ponzi scheme, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against MetLife Securities Inc. and/or Pruco Securities, LLC, concerning Bryan Anderson’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 any investments with Terry Bagwell, including investments in Bryan Anderson’s Ponzi scheme, 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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