A National Securities Arbitration & Investment Fraud Law Firm

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Coastal Equities, Inc.

Background Information

Coastal Equities, Inc. promotes itself as providing full-service solutions by providing a variety of investment products and services that meet their client’s goals today and position them for the future. Coastal has been in operation for over 20 years and is headquartered in Wilmington, Delaware.

Former Coastal Broker Permanently Barred from Securities Industry for Misappropriation of Client Funds

In September, 2014, Coastal fired broker Michael Donnelly for misappropriation of client funds. After FINRA requested information and documentation from Donnelly and Donnelly informed FINRA that he would not cooperate, Coastal terminated his employment. Because he refused to cooperate with FINRA in their investigation, he was permanently barred from associating with any FINRA member firm in any capacity. Donnelly also was the Chief Compliance Officer of Coastal Investment Advisors, a related SEC registered investment advisory firm.

Silver Law Group

Silver Law Group is a nationally recognized securities and investment fraud law firm with Martindale-Hubbell® Peer Review Ratings™ “AV” rated lawyers that handle all securities arbitration matters on a contingency fee basis. The Law Firm, at no cost to investors will review account activity and account statements to determine whether there was any misconduct, whether there are damages and the legal causes of action. We investigate all sales practice violations, while taking into consideration the investor’s age, investment background, and the relationship between the investor and the brokerage firm and its financial advisor. According to securities industry rules and regulations, unsuitable investment advice, securities concentration, fraudulent misrepresentations and omissions of material facts, breach of fiduciary duty, conflicts of interest, variable annuity switching are among the causes of action that may be available to investors in claims for damages against brokerage firms and their financial advisors in a securities arbitration claim filed with the Financial Industry Regulatory Authority (FINRA). We represent investors in FINRA arbitration claims on a contingency fee basis.

To learn more call us at (954) 755-4799 or Toll Free at (800) 975-4345

Client Reviews
“My in-laws lost their retirement funds to a dishonest broker. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back.” Ben M.
“I foolishly gave my money to a con artist promising me a great return on my money. Scott Silver zealously handled the matter, recovering my losses.” Darren S.
“I almost lost a lifetime of earnings after trusting the wrong person. Silver Law Group guided me through the arbitration process and a mediation, always fully prepared and committed to my case.” Scott T.