Goodman and Nekvasil May Recover Investors Losses | Vaughn Lee Andrews-McKay (Vaughn Andrews-McKay), Financial Advisor Barred by FINRA
Vaughn Andrews-McKay was licensed with Pruco Securities, LLC from 2015 to 2018. Reported by FINRA on May 8, 2018, Vaughn Andrews-McKay, was barred from association with any FINRA member in any capacity indefinitely. FINRA reports Vaughn Andrews-McKay, without admitting or denying the findings, consented to the sanctions and entry of findings that he converted $47,748.19 from firm clients.
FINRA found that Vaughn Andrews-McKay converted $29,648.19 from firm clients by using false pretenses to convince them to write personal checks to him that he claimed he would use to satisfy certain financial obligations of theirs. Instead, FINRA reports that Vaughn Andrews-McKay deposited the checks into a bank account he controlled and used the funds for his own personal use. FINRA reports that Vaughn Andrews-McKay converted an additional $18,100 from one of the clients by writing checks to himself from the client’s checking account without the client’s knowledge or permission and forging the client’s signature on the checks. Again, FINRA reports that Vaughn Andrews-McKay deposited the checks into a bank account he controlled and used the funds for his own personal use.
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 Vaughn Andrews-McKay, you may be able to recover your losses from Pruco Securities, LLC. This is because Pruco Securities, LLC, had a duty to supervise Vaughn Andrews-McKay. If you 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.