Matthew Nekuza, Formerly of TD Ameritrade, Barred by FINRA Over Allegations of Conversion of Firm Funds and Providing False Testimony

Nekuza is accused of charging personal expenses to his firm credit card.

The Sonn Law Group is investigating allegations that Matthew Nekuza committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Matthew Nekuza (CRD#: 6332114) was previously registered as a broker with Charles Schwab in Fort Worth, Texas from 2018 until 2019. Previously, Nekuza was registered as a broker with TD Ameritrade in Southlake, Texas from 2014 until 2018. On November 6, 2020, Nekuza signed an Acceptance, Waiver & Consent and consented to being barred by FINRA.

FINRA’s findings stated that Nekuza converted member firm funds by obtaining approximately $20,846 in goods and services which were personal expenses he charged to his firm-issued credit card. At the time that he incurred the charges, Nekuza allegedly knew that the personal expenses were not reimbursable under any firm policy. Also, while associated with another FINRA member firm, Nekuza falsely reported to the credit card company that his card had been fraudulently used by an individual other than himself to make the charges. 

According to FINRA, Nekuza falsely stated to the first firm that each of the charges was fraudulent. The findings also stated that Nekuza submitted false written responses to FINRA about the credit card charges and provided false testimony to FINRA about the charges. In both Nekuza’s written response and during his sworn testimony, Nekuza claimed that he did not make the charges and that he was not in possession of the firm-issued credit card at the time the charges were made.

Nekuza’s claims were false in that he did make the charges and in that he was in possession of the firm-issued credit card at the time the charges were made. Nekuza knew his claims to be false at the time he made them in his response letter to FINRA, and during his sworn testimony.

Nekuza has one other disclosure on his BrokerCheck report.

July 2004 Criminal Judgment

• Status: Final Disposition
• Charges: Theft $500 plus value MD criminal status 7-104
• Disposition: Dismissed
• Charges: U/U Livestock MV Etc MD Criminal Statute 7-203
• Disposition: Dismissed
• Charges: Motor Veh/Unlawful Taking MD Criminal Statute 7-105
• Disposition: Dismissed

Contact Us Today

The Sonn Law Group is currently investigating allegations that Matthew Nekuza committed misconduct. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.