Broker Guilford Nergard (CRD# 2360614) currently is not registered and previously was registered at San Blas Securities LLC, in Chicago, Illinois. Nergard has six customer disputes, one regulatory dispute, and one termination reported on his BrokerCheck.
For example, the regulatory dispute alleges unauthorized trading resulting in a three month suspension.
Additionally, a settled customer dispute alleges mismanagement of funds. The claim alleges damages of $383,584.10 and settled for $175,000.00. Another settled customer dispute alleges unsuitable investment, and churning. The claim settled for $300,000.00.
The termination disclosure alleges that Nergard did not obtain firm approval prior to executing trades that exceeded use of time discretion in non-discretionary advisory accounts.
We are a Chicago-based law firm with a national practice, representing investors nationwide in seeking to recover their investment losses. The firm continues to investigate brokerage firms and brokers who have placed elderly investors, retirees and other conservative investors in unsuitable investments.
We receive the highest rankings as attorneys for quality work and ethics. We successfully have filed numerous cases against brokerage firms that sold high-risk investments, recovering more than $50 million on behalf of victimized investors. In those cases, we allege that the investment recommendations were unsuitable for our clients based on their financial situation, needs, and investment objectives.
We offer free case evaluations and handle matters on a contingency fee basis-meaning you pay no attorney's fees unless we recover compensation for you. If you have incurred investment losses with Guilford Nergard and would like a securities attorney to evaluate your case, please contact us.
