MARK ANDREW MIRANDA

MARK ANDREW MIRANDA is currently employed as a Broker and/or Investment Adviser at NETWORK 1 FINANCIAL SECURITIES INC. located at 75 JACKSON AVENUE, 1ST FLOOR, SYOSSET, NY, 11791.

MARK ANDREW MIRANDA has worked at NETWORK 1 FINANCIAL SECURITIES INC. since December 14, 2012

Disclosure History

MARK ANDREW MIRANDA has 7 Disclosure Event(s).

Date: April 12, 2016
Category: Customer Dispute
Allegations: Fees charged for securities transaction for the period Sept. 2015 to April 2016
Damage Amount Requested: $47,620.00

Date: November 05, 2014
Category: Customer Dispute
Allegations: THE CLIENT ALLEGES THAT THE ASSOCIATED PERSON, CHURNED HIS ACCOUNT, ENTERED UNAUTHORIZED TRADES, AND BREACHED HIS FIDUCIARY DUTY.
Damage Amount Requested: $308,411.17

Date: September 20, 2012
Category: Judgment / Lien
Judgment/Lien Amount: $39,000.00
Judgment/Lien Type: Tax

Date: August 23, 2010
Category: Customer Dispute
Allegations: THE ACTION ALLEGES THE RESPONDENT EFFECTED NUMERIOUS UNSUITABLE TRANSACTIONS IN SPECULATIVE STOCKS, OFTEN ON MARGIN, CHURNING AND AUNTORIZED TRADING.
Damage Amount Requested: $301,000.00
Settlement Amount: $150,000.00 10-03613

Date: October 17, 2008
Category: Financial
Type: Bankruptcy
Disposition: Direct Payment Procedure
Broker Comment: SHORTLY AFTER MY DEPARTURE FROM EKN FINANCIAL (EKN) AT THE END OF 2005, EKN FILED A $2,000,000.00 LAWSUIT. THE LAWSUIT ALLEGED THAT I WAS IN BREACH OF CONTRACT THAT I WAS FORCED TO SIGN WHILE I WAS EMPLOYED AT EKN. THE DAMAGE AMOUNT SOUGHT BY EKN WAS TO RECOVER THE LOST FUTURE REVENUES. THE EMOTIONAL AND FINANCIAL STRAIN PUT ON ME AND MY FAMILY DUE TO THE FIGHTING OF THE LAWSUIT WAS OVERWHELMING. THIS CAUSED ME TO LAPSE ON MY FINANCIAL OBLIGATIONS, SO TOWARDS THE END OF 2008, AT THE ADVICE OF COUNSEL I DECLARED BANKRUPTCY TO PROTECT ME AND MY FAMILY AGAINST THE LAWSUIT FROM EKN. ONCE THE BANKRUPTCY WAS FILED, EKN SETTLED THE PENDING LAWSUIT FOR A MERE $25,000.00. BUT STRAIN OF THIS DARK CLOUD OVER MY FAMILY CAUSED ME TO FALL BEHIND IN MY OBLIGATION TO THE US GOVERNMENT. SO ONCE I SETTLED WITH EKN, I SETTLED WITH THE GOVERNMENT TO PAY MY OUTSTANDING BALANCE. I MADE THIS DECISION TO PROTECT ME AND MY FOUR CHILDREN AND MY GOAL IS TO PAY OFF THE OUTSTANDING DEBT AS SOON AS POSSIBLE AND MOVE FORWARD WITH MY LIFE.

Date: January 01, 2007
Category: Customer Dispute
Allegations: UNAUTHORIZED TRANSACTIONS
Damage Amount Requested: $12,000.00
Broker Comment: FINRA ALSO INFORMED CLIENT THAT IT WAS CLOSING THE REVIEW OF CLIENT'S CLAIM WITH NO ACTION.

Date: May 12, 2006
Category: Customer Dispute
Allegations: UNAUTHORIZED TRADING
Damage Amount Requested: $240,000.00
Broker Comment: EMPIRE FINANCIAL GROUP WAS NOTIFIED ON THE DATE ABOVE THAT THE COMPLAINT CONTAINED HEREIN WAS DENIED BY THE PREVIOUS FIRM, EKN, ON 6/9/06 VIA A U-5 AMENDMENT FILED BY EKN ON 3/14/08. EMPIRE DOES NOT INTEND TO INCUR A LATE FILING FEE FOR THIS REPORTING.

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

To view the full report for MARK ANDREW MIRANDA, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.