Craig Michael Gould of New York New York a stockbroker and supervisor currently associated with Cabot Lodge Securities LLC is the subject of a Financial Industry Regulatory Authority (FINRA) investigation into allegations that Gould, inter alia: (1) possibly neglected to supervise disclosures pertaining to the compensation paid on real estate investment trust products offered to investors (2) potentially failed to supervise the offering and organization expenses pertaining to the real estate investment trust offering. Case No. 2014041530301 (Jan. 16, 2019).

This is not the first time that Gould has been subject of a FINRA action concerning his alleged misconduct. Particularly, Gould was fined $5,000.00 and suspended by FINRA in all capacities based upon his consent to findings that he neglected to make required disclosures about judgments entered against him; conduct violative of FINRA Rules 2010, 1122 and FINRA By-Laws Article V, Section 2(c). Letter of Acceptance, Waiver and Consent No. 2014041530301 (Dec. 29, 2015).

FINRA Public Disclosure additionally reveals that Gould is referenced in a customer initiated investment related arbitration claim in which the customer was awarded compensatory damages based upon Gould being found liable on the customer’s claims of Gould and his employer at the time, Wunderlich Securities: negligently servicing the customer’s investment account; effecting an unauthorized liquidation of the customer’s stock holdings; and placing unsuitable transactions in the customer’s account given the customer’s financial circumstances and objectives for investing. FINRA Arbitration No. 07-02723 (Mar. 25, 2008).

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer.

Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
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