The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Alex Blanco. According to his publicly available FINRA BrokerCheck report, Alex Blanco is the subject of a pending dispute.

Alex Blanco is a New York-based securities broker. He has worked in the securities industry for seventeen years. During his career, he has been registered with nine different securities firms.

His Registrations

  • Citicorp Investment Services (1999-2001)
  • NFB Investment Services Corp. (2002-2004)
  • Merrill Lynch (2004)
  • HSBC Securities (2006-2007)
  • NYLIFE Securities (2007-2008)
  • MML Investors (2008-2011, 2017-Present)
  • Hornor, Townsend & Kent (2011-2016)
  • Pruco Securities (2016-2017)

The Allegations

In December 2018, customers alleged that Alex Blanco recommended unsuitable investments and overstated the customers’ assets. This case is currently pending. The customers are seeking $315,000 in damages.

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 Alex Blanco, please contact Oakes & Fosher for a free and private consultation. We work on a contingency basis, which means there are no fees charged unless we collect for you.