The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Anthony Joslin. According to his publicly available FINRA BrokerCheck report, Anthony Joslin has been the subject of multiple customer disputes.
Anthony Joslin is a New Jersey based securities broker. He has worked in the securities industry for twenty-six years. During his career, he has been registered with six different securities firms.
His Registrations
- Lehman Brothers (1992-1993)
- Smith Barney Inc. (1993-1995)
- M.S. Farrell & Company (1995-1998)
- Grayson Financial (1998-2003)
- J.P. Turner & Company (2003-2014)
- Garden State Securities (2014-Present)
The Allegations
- In April 2005, a customer alleged that Anthony Joslin churned their account. This case was settled for $32,500 in damages.
- Also in April 2005, a customer alleged that Anthony Joslin recommended unsuitable securities, executed unauthorized trades, failed to follow instructions, and charged them excessive commissions. This case was settled for $35,610 in damages.
- In September 2005, a customer alleged that Anthony Joslin charged them excessive commissions, churned their account, and failed to place a stop loss.
- In June 2019, a customer alleged that Anthony Joslin handled their account negligently, breached his fiduciary duty, breached contract, engaged in fraud and made material misrepresentations. This case is currently pending. The customer is seeking $300,763 in damages.
What Does This Mean?
One of the most noteworthy allegations levied against Anthony Joslin was that he made material misrepresentations. This occurs when a securities broker provides an investor with falsified information about an investment. This can be done either with fraudulent intent, or just occur because of the broker’s negligence. Regardless of intent, misrepresentation can be detrimental to investors as it can cause them to be placed in investments they would not have otherwise purchased had they known all the information accurately.
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 Anthony Joslin, please contact Oakes & Fosher for a free and private consultation.
