SEC Issues Cease and Desist for Moloney Securities Broker, Laura Barnes – Goodman & Nekvasil, P.A. May Recover Investor Losses
SEC Issues Cease and Desist for Moloney Securities Broker, Laura Barnes
CRD#: 4482198
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
LAURA BETH BARNES (CRD#: 4482198), a registered representative for MOLONEY SECURITIES CO., INC. in WINTERSET, IA, has cease-and-desist proceedings against her. The commission finds that These proceedings arise out of Respondents’ failures to comply with Regulation Best Interest (Regulation BI) in connection with recommendations of corporate bonds called L Bonds offered by GWG Holdings, Inc. (GWG) to retail customers between June 30, 2020, the compliance date for Regulation BI, and approximately January 15, 2022 (the Relevant Period).
Goodman & Nekvasil, P.A. is representing multiple investors who purchased high-risk GWG L-Bonds from their financial advisers.
SEC Issues Cease and Desist for Moloney Securities Broker, LAURA BETH BARNES
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 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.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 10/16/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.