NEXT Financial Group, Inc
Dimond Kaplan & Rothstein, P.A.
We are an AV-Rated law firm that represents individual and institutional investors throughout the United States and overseas in stockbroker misconduct and investment fraud cases. We are dedicated to helping investors recover investment losses caused by negligence, incompetence, fraud, or dishonesty of stockbrokers and brokerage firms. Among other things, we have handled cases involving unsuitable investments, over-concentrated stock or bond holdings, fraud, misrepresentation, self-dealing, unauthorized trades or other wrongful acts, whether intentional or negligent. Our attorneys have recovered millions of dollars on behalf of investors against most major Wall Street brokerage firms, including Credit Suisse First Boston, in claims involving stocks, bonds, options, auction rate securities, mutual funds, hedge funds, principal protected notes, and other structured products.
If you suffered investment losses, call us at 888-380-6216 or 305-600-1393 for a free confidential consultation.
NEXT Financial Group Broker Barred from Securities Industry
The Financial Industry Regulatory Authority (“FINRA”) f/k/a NASD has found that former NEXT broker Greg Horton violated federal securities laws and FINRA conduct rules by making excessive trades or churning his customers’ accounts, causing substantial investment losses. Greg Horton has been barred from working for FINRA-member brokerage firms. FINRA continues to investigate whether NEXT supervised its brokers properly. Although, at Dimond Kaplan & Rothstein, P.A., we have determined that NEXT’s supervisory system itself appears to be flawed, which is what permits NEXT brokers to abuse the trust of investors without being detected. Dimond Kaplan & Rothstein has represented a number of investors who lost money at NEXT Financial Group as a result of NEXT’s inadequate supervision.