Stephen Medina Has Investor Complaints – Goodman & Nekvasil, P.A., May Recover Investor Losses
Stephen Medina has an investor complaint pending for $782,500 in alleged damages.
Corpus Christi financial advisor Stephen Medina (CRD# 2614773) allegedly misrepresented stock investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Merrill Lynch, and that he has received several other investor complaints.
Stephen Medina INVESTIGATION
Mr. Medina’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in September 2023, alleges that as a representative of Merrill Lynch, he misrepresented and recommended unsuitable stock investments between February 2022 and December 2022. The pending complaint alleges damages of $782,500.
An earlier investor complaint, filed in 2016, alleged that he recommended unsuitable products, executed unauthorized trades, and made misrepresentations while a representative of Merrill Lynch. In 2017 the complaint reached a settlement of $270,000.
A third investor complaint, filed in 2003, alleged tat he recommended unsuitable over-the-counter stock investments while a representative of Merrill Lynch. In 2004 the complaint reached a settlement of $400,000.
A fourth investor complaint, filed in 2003, alleged that he misrepresented material facts, omitted information, and recommended unsuitable equity products. In 2005 the complaint reached a settlement of $175,000.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its 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 10/27/23. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.