The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Bart Bohrer. According to his publicly available FINRA BrokerCheck report, Bart Bohrer has been the subject of multiple customer disputes over the course of his career.
Bart Bohrer is a Florida based securities broker. He has worked in the securities industry for sixteen years. During his career, he has been registered with just two different securities firms.
His Registrations
- Capital Financial Services (2003-2019)
- Calton & Associates (2019-Present)
The Allegations
- In March 2019, a customer alleged that Bart Bohrer violated Federal Securities Laws, violated the Minnesota Securities Act, and violated FINRA rules. This case is currently pending. The customer is seeking $445,000 in damages.
- In October 2019, a customer alleged that Bart Bohrer violated federal securities laws, breached contract, and breached his fiduciary duty. This case is currently pending. The customer is seeking $5,000 in damages.
- In December 2019, customers alleged that Bart Bohrer breached his fiduciary duty, violated the Georgia Uniform Securities Act, breached contract, and handled their account negligently. This case is currently pending. The customers are seeking $489,681 in damages.
What Does This Mean?
The most notable allegation levied against Bart Bohrer was that he breached the fiduciary duty he had to his customers. This duty compels securities brokers to always act in their customers best financial interests. This duty can be breached in multiple ways. This includes fraudulently recommending investments to customers that are financially beneficial to themselves, but detrimental to the investor. It also includes negligently failing to conduct the necessary due diligence to determine what investments are actually suitable for their customers.
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 Bart Bohrer, 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.
