Goodman & Nekvasil P.A., May Recover Investor Losses | Scott William Palmer, Financial Advisor Barred from Securities Industry
Scott Palmer was a formerly licensed financial advisor with Janney Montgomery Scott LLC from 2007 to 2017. FINRA reports that Scott Palmer was permitted to resign from Janney Montgomery Scott LLC on May 24, 2017. Janney Montgomery Scott, LLC reported to FINRA “loss of confidence related to complaint disclosure history.”
Scott Palmer was barred from the securities and investment banking industry on April 10, 2018. FINRA reports that Scott Palmer consented to the sanction and to the entry of findings that Scott Palmer refused to appear for on-the-record testimony as requested by FINRA in connection with an investigation into potential suitability violations.
FINRA reports that two arbitration claims involving Scott Palmer’s conduct are currently pending, alleging unsuitable investments and/or overconcentration. One of these pending arbitration claims seeks $500,000 in damages.
If you lost any money on investments with Scott Palmer, you may be able to recover your losses from Janney Montgomery Scott LLC. This is because Janney Montgomery Scott LLC had a duty to supervise Scott Palmer.
If you lost money on investments with Scott Palmer 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 against Janney Montgomery Scott LLC concerning Scott Palmer’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 Scott Palmer 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.