Zachary Berkey, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
From 2013 until 2015, Zachary Berkey was licensed with Four Points Capital Partners LLC. Zachary Berkey has also been licensed with National Securities Corporation.
FINRA reports that the United States Securities and Exchange Commission (SEC) filed a civil injunctive action charging Zachary Berkey with making unsuitable trades that were costly for customers and lucrative for the brokers. The allegations state that Zachary Berkey violated the antifraud provisions of the federal securities laws. The complaint states that since the customers incurred significant costs, a $75 “fixed transaction commission”, with every transaction and the securities were held briefly, the price of securities had to rise significantly for customers to realize even a minimal profit.
FINRA reports that two claims were filed alleging sales practice violations against Zachary Berkey. The claims alleged churning resulting in losses, unauthorized trading and misrepresentation. The claims were settled for as high as $231,000.
If you lost any money on investments with Zachary Berkey, you may be able to recover your losses from Four Points Capital Partners LLC and/or National Securities Corporation. This is because Four Points Capital Partners LLC and National Securities Corporation had a duty to supervise Zachary Berkey.
If you lost money on investments with Zachary Berkey 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 Four Points Capital Partners LLC and/or National Securities Corporation, concerning Zachary Berkey’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.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on any investments with Zachary Berkey 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.