Securities Lawyers Blog
The securities lawyers at Gana Weinstein LLP represent investors who have been mistreated by their brokers and suffered investment losses. Our firm is experienced in bringing claims against brokerage firms, such as Mundial Financial Group, LLC, to hold Wall Street responsible for their misconduct. When a client contacts our firm they can expect that our attorneys will have the knowledge and ability to evaluate the potential claims and analyze their trading activity for red flags of misconduct. Our consultations are designed to help provide clients with all available options.
Mundial Financial Group is a broker-dealer that retails over-the-counter equities and corporate debt, sells mutual funds and government securities, arranges private placements, and provides portfolio margining and advisory services for mergers, acquisitions, and restructurings. Formed in California in 2008 and headquartered on Madison Avenue in New York City, the firm is registered in 53 United States states and territories and is majority owned by Gong Capital Markets.
Mundial Financial Group, LLC – By the Numbers:
- CRD #: 149531
- Regulatory Events: 1
- Broker Employees: 4
Mundial Financial Group, LLC – In the News:
FINRA v. Mundial Financial Group, LLC (Case #2022074525601) – From January 2018 to at least January 2024, Mundial Financial Group allowed its indirect owner, who was not registered with FINRA in any capacity, to engage in securities activities requiring registration in violation of FINRA Rules 1210 and 2010 and NASD Rules 1021 and 1031. From September 2019 to the present, the firm failed to develop and implement an anti-money laundering (AML) compliance program reasonably designed to achieve and monitor the firm’s compliance with the Bank Secrecy Act and its implementing regulations in violation of FINRA Rules 3310(a), 3310(b), 3310(f), and 2010. For these violations, Mundial is censured, fined $100,000, and agrees to an undertaking.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.