Goodman and Nekvasil May Recover Investors Losses | Samuel Wylie Sloane (Samuel Sloane), Financial Advisor Barred by FINRA
Samuel Sloane was licensed with Morgan Stanley from 2009 to 2015. FINRA reports that Samuel Sloane was barred from the securities industry on December 14, 2015. FINRA reports that Samuel Sloane consented to the sanction and to the entry of findings that Samuel Sloane refused to provide documents and information as requested by FINRA during the course of an investigation into allegations that Samuel Sloane converted a customer’s trust assets while serving as a trustee.
Morgan Stanley reported Samuel Sloane was named a respondent in a FINRA complaint with the attorney alleging on behalf of a Trust that the Samuel Sloane, while serving as a trustee, took assets from a trust, through withdrawals and fees. FINRA reports that the time frame described in the letter is 2004 to 2014. The alleged damages are $1.8 million and pending resolution.
FINRA reports that Morgan Stanley discharged Samuel Sloane on October 27, 2015.
Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, continues to investigate brokerage firms that placed elderly retirees and other conservative investors in high-risk investments.
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. We would like to discuss the possibility of your retaining our firm to represent you in an arbitration action.
Goodman & Nekvasil, P.A., has filed hundreds of cases against brokerage firms selling high-risk investments and has recovered more than $180 million dollars on behalf of victimized investors. We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives. All our cases are handled on a purely contingency fee basis.
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. Finally, the filing of such a case should not affect your ownership of these investments in any way.
If you incurred losses on your investment with Samuel Sloane 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.