The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Abed Lulu. According to his publicly available FINRA BrokerCheck report, Abed Lulu has been the subject of a customer dispute.

Abed Lulu was a New York based securities broker. He worked in the securities industry for seventeen years. During his career, he was registered with twenty-two different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Rickel & Associates (1997)
  • Royce Investment Group (1997)
  • Duke & Co. (1997-1998)
  • D.L. Cromwell Investments (1998)
  • Schneider Securities (1998)
  • Joseph Stevens & Company (1999)
  • Cambridge Capital (1999)
  • Tasin & Company (1999-2001)
  • Harrison Securities (2001-2003)
  • Continental Broker-Dealer Corp. (2003-2004)
  • LH Ross & Company (2004)
  • S.W. Bach & Company (2004)
  • Benson York Group (2004-2006)
  • New Castle Financial Services (2006-2007)
  • Clark Dodge & Co. (2007-2009)
  • Global Arena Capital Corp. (2009-2011)
  • Liberty Partners Financial Services (2011-2012)
  • B.B. Graham & Company (2012)
  • Global Arena Capital Corp. (2013)
  • Laidlaw & Company (2013-2015)
  • Rockwell Global Capital (2015)
  • Worden Capital Management (2016)

The Allegations

In August 2017, a customer alleged that Abed Lulu recommended unsuitable securities and excessively traded their account. The alleged transgressions taking place between 2014 and 2015. This case was settled for $23,000 in damages.

Abed William Lulu was eventually barred by FINRA from acting as a securities broker in any fashion.

Oakes & Fosher Can Help

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages.

Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Abed Lulu, please contact Oakes & Fosher for a free and private consultation.