Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 10, 2017 indicate that former California-based Monarch Bay Securities broker Darren Goodrich, who has been charged with felony securities fraud, has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Goodrich (CRD# 4213469).
Darren Goodrich has spent fourteen years in the securities industry and was most recently registered with Monarch Bay Securities in El Segundo, California (2015). Previous registrations include BMA Securities in El Segundo, California and J. Alexander Securities in Los Angeles, California. He is currently not registered with any state or firm.
According to his BrokerCheck report, Darren Goodrich has been the subject a civil complaint, a criminal conviction, a pending criminal charge, and a FINRA sanction.
In February 2017 the Securities and Exchange Commission sanctioned him following allegations he “facilitated the profitable dumping of the issuers’ stock by using his dual role as market maker and registered representative to arrange for coordinated and matched trading between and amongst accounts owned or controlled by his cohorts.” He was enjoined from further such violations, permanently barred from participating in penny stock offerings, and ordered to pay disgorgement exceeding $687,000.
In November 2016 Darren Goodrich was charged with one felony count of securities fraud in the US District Court for the Eastern District of New York. He pled guilty. The action remains pending.
In 2015 Darren Goodrich was charged with four felony counts of “Securities Fraud, Wire Fraud” in the US District Court in New York, New York. He pled guilty.
In 2014 FINRA sanctioned him following allegations that “on behalf of certain clients, he sold shares of an issuer whose securities were not registered and were not subject to an applicable exemption from registration,” in contravention of securities law. He was issued a 30-day suspension and a fine of $10,000.
If you have lost money investing with Darren Goodrich, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.