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.
