Vernon Litigation Files Arbitration Claim On Behalf of Investor Allegedly Duped By Barred Broker Howard J. Goldman

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Mar 16, 2023, 20:23 ET

NAPLES, Fla., March 16, 2023 /PRNewswire/ -- Vernon Litigation Group, based in Naples, Florida is representing a retiree with dyslexia, who was allegedly solicited to invest by barred broker Howard J. Goldman. Our client was allegedly solicited to invest in a trading program run by Mr. Goldman through Velocity Clearing, LLC. Velocity Clearing allegedly failed to disclose to our client that Mr. Goldman was not a registered representative of Velocity Clearing, and that Mr. Goldman had been barred by FINRA over 20 years ago. Velocity Clearing permitted Mr. Goldman to enter short sale trades on behalf of our client, losing more than 80% of his account in less than one month.

FINRA rules require representatives in the securities industry to be properly registered. As a result of Velocity Clearing's alleged regulatory breach, the investor is seeking compensatory damages, punitive damages, costs, interest, and attorney's fees under the Florida Securities Act Chapter 517. If you, or someone you know was solicited to invest by Howard J. Goldman, please contact one of our securities attorneys to discuss your rights.

securities arbitration and litigation claims For more information, visit our website at http://www.vernonlitigation.com/ or contact Vernon Litigation Group by phone at 1-877-649-5394 or by e-mail at [email protected] to speak with a representative of Vernon Litigation Group. SHARE

SOURCE Vernon Litigation Group