Over the last 12 years, Oakes & Fosher has tried and won more FINRA arbitration cases on behalf of individual investors than any other law firm in the country.

*Past results do not guarantee a similar outcome. The choice of a lawyer is an important decision and should not be based alone on prior results.

UBS Financial’s Yield Enhancement Strategy

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Andrew Brown. According to his publicly available FINRA BrokerCheck report, Andrew Brown has been the subject of multiple customer disputes.

Andrew Brown was a New York based securities broker. He worked in the securities industry for nineteen years. During his career, he was registered with six different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Comprehensive Capital Corp. (1997-1998)
  • First Montauk Securities (1998-2000)
  • Trident Partners (2000-2009)
  • J.D. Nichols & Associates (2009-2015)
  • Aegis Capital Corp. (2015)
  • Worden Capital Management (2017-2018)

The Allegations

  • In August 2017, a customer alleged Andrew Brown recommended an unsuitable options strategy. This case went to arbitration where the customer was awarded $76,780 in damages.
  • In December 2017, a customer alleged that Andrew Brown recommended unsuitable investments, breached his fiduciary duty, and churned their account. This case is currently pending. The customer is seeking $50,000 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 Andrew Brown, 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.