Goodman & Nekvasil P.A., May Recover Investor Losses | Noel Ray Vincent, Arbitration Claim Filed Against Financial Advisor
Noel Vincent was formerly licensed with Madison Avenue Securities LLC from 2009 to 2018. FINRA reports that 5 arbitration claims were filed involving Noel Vincent’s conduct with Madison Avenue Securities, LLC, alleging negligence, misrepresentation, omission, breach of fiduciary duty, inadequate due diligence, suitability and/or breach of contract. The largest of these pending arbitration claims seeks $500,000 in damages.
FINRA reports that 3 arbitration claims involving Noel Vincent’s conduct with a prior employer were filed, alleging suitability. These 3 arbitration claims were settled, with the largest settling for $125,000. Noel Vincent contributed $25,000 to this settlement.
FINRA also reports that Noel Vincent was previously fined $25,000 with $5,000 levied on Noel Vincent by the State of Texas. The State of Texas reported to FINRA that Noel Vincent failed to have all forms and documents completed prior to obtaining a customer’s signature and had an administrative assistant add missing information to incomplete forms without a customer’s authorization, including but not limited to initialing on a customer’s behalf.
If you lost any money on investments with Noel Vincent, you may be able to recover your losses from Madison Avenue Securities, LLC. This is because Madison Avenue Securities, LLC had a duty to supervise Noel Vincent.
If you lost money on investments with Noel Vincent 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 Madison Avenue Securities, LLC concerning Noel Vincent’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.
Goodman & Nekvasil, P.A. has recovered approximately $170 million on behalf of victimized investors. If you lost money on investments with Noel Vincent 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.