GOODMAN & NEKVASIL P.A, MAY RECOVER YOUR INVESTMENT LOSSES – WENDY ANN WURST SUSPENDED FROM SECURITIES INDUSTRY
Wendy Wurst was suspended from the securities and investment banking industry for six-months and fined $50,000 by the Financial Industry Regulatory Authority (FINRA) in February 2015. Wendy Wurst is now licensed with Hennion & Walsh, Inc. and was previously licensed with PMK Securities & Research, Inc. Wendy Wurst consented to findings that Wendy Wurst failed to reasonably supervise her member firm’s registered representative’s involvement with three outside businesses that operated as unregistered broker-dealers in violation of Section 15(A) of the Securities Exchange Act of 1934. Specifically, as the Chief Compliance Officer (COO) and registered Principal responsible for overseeing the registered representative’s activities, Wendy Wurst failed to reasonably supervise him by permitting him to effectuate securities transactions for compensation away from PMK Securities & Research, Inc. through entities that were not registered as broker-dealers. The findings stated that Wendy Wurst made misleading and inaccurate statements concerning the unregistered broker-dealers to corporate bond dealers in connection with the opening of certain delivery-versus-payment brokerage accounts for the unregistered broker-dealers.
If you lost any money with PMK Securities & Research, Inc. and/or Hennion & Walsh, Inc. you may be able to recover your losses from PMK Securities & Research, Inc. and/or Hennion & Walsh, Inc. This is because PMK Securities & Research, Inc. and Hennion & Walsh, Inc. had a duty to supervise Wendy Wurst.
If you lost money on investments with Wendy Wurst and believe that 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 PMK Securities & Research, Inc. and/or Hennion & Walsh, Inc. concerning Wendy Wurst’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 $300 million on behalf of victimized investors. If you lost money on investments with Wendy Wurst 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.
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