Scott Rahn – Financial Advisor/Broker Investigated by State of Washington Securities Division | Goodman & Nekvasil, P.A. May Recover Investor Losses
Scott Rahn is a previously licensed financial advisor with LPL Financial LLC. According to Rahn’s BrokerCheck Report, Rahn was investigated by the State of Washington – Department of Financial Institutions – Securities Division.
According to The State of Washington:
While a registered representative of LPL Financial, LLC, the adviser recommended that five customers surrender variable annuity contracts and purchase principal protected notes. The state of Washington alleged that the adviser’s recommendation that brokerage customers purchase principal protected notes funded with variable annuity liquidations that required the payment of surrender fees, without documented consideration of key features of the products, were unsuitable in violation of RCW 21.20.702 and WAC 460-22B-090(7).
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Scott Rahn 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 Scott Rahn’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 Scott Rahn 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 10/14/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.