Primary Capital LLC – Brokerage Firm Censured and Fined by FINRA | Recover Investment Losses

Primary Capital LLC – Brokerage Firm Censured and Fined by FINRA | Goodman & Nekvasil P.A., May Recover Investor Losses

Primary Capital LLC CRD #127921

According to FINRA Allegations:

During the period December 2013 through February 2019, Primary participated in EB-5 offerings without establishing, maintaining and enforcing a supervisory system, including written supervisory procedures (WSPs), reasonably designed to supervise its EB-5 business. The firm also failed to reasonably supervise representatives’ use of EB-5 business-related websites between December 2013 and May 2017. During that period, two of Primary’s representatives (RR1 and RR2) engaged in EB-5 business through their websites, which contained content that violated FINRA’s advertising rules. As a result, Primary violated NASD Rule 3010 and FINRA Rules 3110, 2210 and 2010.

Goodman & Nekvasil, P.A. May Recover Investor Losses:

If you lost money on investments with Primary Capital LLC and believe 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 concerning Primary Capital LLC’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 $200 million on behalf of victimized investors. If you lost money on investments with Primary Capital LLC 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.

Some of the information in this blog post was obtained on 8/27/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.



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