April 2021- Boca Raton, FL
The FINRA records of Adam C. Goodman , a registered stock broker who recently left Herbert J. Sims to join Stoever, Glass & Co. , disclose 2 pending customer disputes and four prior final customer disputes
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In 12/2017 a customer of Herbert J. Sims was paid #21,000 to resolve allegations that Goodman recommended unsuitable corporate debt investments that resulted in losses.
In 3/2018 a customer of Herbert J. Sims was paid $50,000 to resolve allegations that Goodman made misrepresentations in connection with an investment in junk bonds and that he traded the account without authorization.
In FINRA Case 18-01064, a customer of Herbert J. Sims alleged high pressure sales tactics, unsuitable investments, fraud and negligence and sought damages of $25,000. That matter was settled for $10,000 in August 2018.
In September 2020 a customer of Stoever Glass & Co. filed FINRA Case 20-2951 alleging unauthorized trading and unsuitable investment recommendations and is seeking damages of $500,000.
Goodman was employed by Herbert J. Sims from 8/2010-1/2018 when he left and joined Stoever Glass & Co. Goodman is also affiliated with Stoever Glass Insurance Company.
If you have losses in an account handled by Adam Goodman, call for a no charge consultation to learn about your options for recovery of damages.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900