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

Brian Murphy was a Pennsylvania based securities broker. He worked in the securities industry for eight years. During his career, he was registered with four different securities firms. He is no longer working as a registered securities industry in any fashion.

His Registrations

  • Metropolitan Life Insurance Company (2006-2007)
  • AXA Advisors (2008)
  • Metlife Securities (2006-2014)
  • Signator Investors (2015-2016)

The Allegations 

  • In December 2015, a customer alleged that Brian Murphy misrepresented a variable annuity sale. This case was settled for $13,875 in damages.
  • In July 2016, a customer alleged that Brian Murphy created a false website in order to defraud them. They also alleged that Brian Murphy made withdrawals that had not been authorized. This case is currently pending. The customer is seeking an undisclosed amount in damages.
  • In July 2016, Brian Murphy was terminated from his position at Signator Investors following allegations that he conducted an unapproved outside business activity.
  • In April 2017, a customer alleged that Brian Murphy misrepresented the sale and replacement of a variable annuity policy. This case was settled for $37,596 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 Brian Murphy, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher handles cases on a contingency basis, which means there are no fees charged unless we collect for you.