Rajesh Gupta – Financial Advisor/Broker Suspended by FINRA | Goodman & Nekvasil, P.A. May Recover Investor Losses
Michael Rubel was a previously licensed financial advisor with Morgan Stanley. FINRA reports that Michael Rubel was suspended from the securities industry indefinitely in June 2020.
According to FINRA Allegations:
Rajesh Gupta failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.
According to Rajesh Gupta’s BrokerCheck Report, Rajesh Gupta voluntarily resigned from Morgan Stanley in March 2017. Rajesh Gupta’s voluntary resignation regarded allegations of Rajesh Gupta’s involvement in undisclosed outside activity involving sales of insurance policies.
According to Rajesh Gupta’s BrokerCheck Report, one customer dispute was settled alleging sales practice violations against Rajesh Gupta.
Customer Dispute (5/18/2018): Allegations against Rajesh Gupta regarded a client’s verbal complaint about the loss of value upon the surrender of outside insurance policies recommended by Rajesh Gupta. This customer dispute settled for $220,000.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Michael Rubel 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 Michael Rubel’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 $180 million on behalf of victimized investors. If you lost money on investments with Michael Rubel 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 9/9/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.