Nahuel Rodriguez—Customer Fund Conversion and Willful Misrepresentation of Material Facts
Nahuel Rodriguez Allegedly Converted Customer Funds and Willfully Misrepresented material Facts
Nahuel Rodriguez allegedly converted customer funds and willfully misrepresented material facts, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and Jason Kane.
Nahuel Rodriguez allegedly may have engaged in wrongful conduct while he was associated with his former firm, PFS Investments, Inc., which disclosed that it had received a customer complaint that Rodriguez had allegedly wrongfully taken funds from their securities account, the Complaint notes.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Nahuel Rodriguez’s alleged conversion of customer funds and willful misrepresentation of material facts.
Nahuel Rodriguez Barred by FINRA
Nahuel Rodriguez, who was discharged by PFS in May of 2013 because it had obtained information that Rodriguez had ”created a fictitious security in order to obtain funds from at least two individuals,” according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and Jason Kane.
In addition, FINRA’s Department of Enforcement also came to the conclusion that Rodriguez allegedly obtained the funds through fraudulent misrepresentations before it initiated disciplinary proceedings against Rodriguez, the Complaint reports.
As a result of the aforementioned behavior, Rodriguez allegedly violated FINRA Rules, and hence, has been barred by FINRA. One should also note that, according to the Complaint, Rodriguez neither admitted nor denied the FINRA findings.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of customer fund conversion. They are currently investigating Nahuel Rodriguez’s alleged customer fund conversion. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Rodriguez’s alleged customer fund conversion may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.