Justia Lawyer Rating for Adam Julien Gana Super Lawyers The National Trial Lawyers Martindale-Hubbell AVVO

National Planning Corp. Investment Attorney

We represent securities investors in their disputes with their investment advisors or brokerage firms, such as National Planning Corp. (National Planning). There are many different forms of securities related misconduct that our firm has successfully represented clients concerning including suitability, breach of fiduciary duty, and unauthorized trading. Our firm can analyze your securities and investment accounts and determine if and what type of misconduct occurred.

National Planning Corporation is part of National Planning Holdings, Inc. one of the nation's largest broker-dealer networks. National Planning was founded in 1998, and is headquartered in Santa Monica, California. NPC’s business model caters to the independent investment professional. The firm is also a registered investment adviser and is affiliated with Jackson National Life Insurance Company which the firm advertises as one of America’s leading retirement solution providers with.

National Planning Corporation is affiliated with, under common control, or otherwise performs business under the company names Jackson National Financial Services, Inc. and NPC of America.

National Planning – By the Numbers:

  • CRD# 29604
  • SEC# 8-44435
  • 7 Regulatory Events
  • 3 Customer Complaints
  • Total Revenues: $346 million – 2012
  • Total Account Assets: $36 billion - 2012
  • Number of Retail Offices: 895
  • Representatives: 1,454 - 2012

National Planning – In the News:

NASD v.National Planning Corporation, et al – The NASD announced a fine was imposed upon eight broker-dealers - including seven retail firms and one mutual fund distributor – of more than $7.75 million concerning allegations that the firms engaged in directed brokerage violations. National Planning’s fine amount was $1.3 million. The NASD alleged that the firms received payments for directed brokerage activities in exchange for preferential treatment for certain mutual fund companies. NASD's Anti-Reciprocal Rule prohibits firms from favoring the sale of shares of mutual funds on the basis of brokerage commissions received by the firm. The NASD’s rule prohibits a firm from establishing preferred lists of funds in exchange for receipt of directed brokerage.

Customer v. National Planning Corp. – National Planning Corp. was ordered to pay a $6.2 million arbitration award to two Minnesota investors in a dispute that focused on real estate investments. The investors alleged that NPC and a former broker, Christopher R. Olson, breached their fiduciary duty, were negligent, made misrepresentations and violated industry rules. The investor complaint involved real estate investment trusts (REITs) and other private real estate investments, in February 2012 and sought $12.5 million in compensatory damages. The investors “asserted that they also had to satisfy outstanding loan amounts on mortgages on the real estate investments in order to prevent foreclosure,” according to the FINRA award. The investors alleged that Olson manipulated them into undertaking significant debt and liquidating annuitizing and structuring their investment assets earmarked for retirement to pay the staggering debt obligations related to the real estate investment recommendations.

Our attorneys has successfully represented hundreds of investors in their broker disputes with their advisor firms. Our consultations are free and we welcome all inquiries.

Client Reviews
Thank you Adam and all your colleagues for the professionalism and diligence in the final settlement of our securities fraud case. When a past law firm group turned our case down, you and your firm took on the case and we thank you for the great outcome. We would highly recommend your firm. Gloria K.
I will never forget how much you helped me by winning my case! I never thought I would see any money from my investment. I admire the way you fight for everyday people against big companies. Thank you so much! Myra W.
Adam is an outstanding lawyer. I have worked on several cases with Adam and look forward to working with him again in the future. Rob D. - Co-Counsel.
If you want an attorney that is easy to talk to and genuinely cares about your legal situation, contact Adam Gana. He helped me settle a difficult contract dispute. When you work with Adam, he makes you feel as if you are his top priority. He will call you regularly to stay on top of the situation and submits all necessary legal documentation in a timely manner. His writing is excellent, his demeanor professional, and his work exceptional. Nancy N.
Adam helped me recover money from my broker when I thought all was lost. My house was about to be foreclosed, and I lost everything. Adam came in and saved my life. Jean C.