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

Brian Palkowitsh is a Kansas based securities broker. He has worked in the securities industry for twenty-four years. During his career, he has been registered with two different securities firms.

His Registrations

  • Transamerica Financial Advisors (1996-2014)
  • Ameriprise Financial Services (2014-Present)

The Allegations

  • In February 2014, a customer alleged that Brian Palkowitsh misrepresented how the rate of return would affect the contract value, the timing of future deposits, and how the withdrawals would affect the contract. This case was settled for $147,500 in damages.
  • In April 2018, a claimant alleged that Brian Palkowitsh misrepresented their product, in that the $600,000 death benefit would be paid upon client’s death regardless of withdrawals taken prior. This case was settled for $195,000 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 Brian Palkowitsh, 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.