(888) 637-5510

Written by 6:05 pm Blog, Securities Fraud Articles

FINRA Bans Aaron Nash Kazinec from Securities Industry

Have you lost money as a result of your dealings with broker Aaron Nash Kazinec? If so, the White Law Group may be able to help you recover your investment losses through an arbitration claim with the Financial Industry Regulatory Authority (FINRA).

According to the Sun Sentinel, former broker Aaron Nash Kazinec has been banned from the industry by the Financial Industry Regulatory Authority (FINRA). An investigation found that Kazinec deposited checks into his personal bank account that were intended for the purchase annuities. Kazinec took approximately $745,250 from four investors. The missappropration of investors’ money occurred between May 2009 to August 2012.

The Sun Sentinel reports, Kazinec has paid more than $100,00 to two investors. It is unclear if he has the money to repay the investors in full. It appears that a number of other investors have filed complaints with FINRA as well.

Brokerage firms have a fiduciary duty to monitor all the business activities and transactions of their employees. When a broker violates securities laws and industry regulations the brokerage firm may be liable for negligent supervision and can be held responsible for investment losses.

According to BrokerCheck, Kazinec has worked in Florida since 1994. First with MML Investors Services from 10/1994 – 03/1998, than with Metropolitan Life Infuraves from 04/1998 – 03/2007, and most recently with MetLife Securities from 3/2007 – 12/2012.

If you suffered losses investing with Aaron Nash Kazinec and would like to discuss your potential to recover your losses through a FINRA arbitration claim, please call the securities attorney of The White Law Group at (312) 238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. Our offices are located in Chicago, Illinois and Vero Beach, Florida.

To learn more about The White Law Group, visit www.WhiteSecuritesLaw.com.

Tags: , , , , , , , Last modified: July 17, 2015