The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Charles Evan. According to his publicly available FINRA BrokerCheck report, Charles Evan has been the subject of multiple customer disputes.
Charles Evan was a Massachusetts based securities broker. He worked in the securities industry for forty-one years. During his career, he was registered with seven different securities firms. He is no longer working as a registered securities broker in any fashion.
His Registrations
- Capital Analysts (1977-1992)
- PML Securities Company (1992)
- G.R. Phelps & Co. (1993-1996)
- Manequity, Inc. (1994-1999)
- MML Investors Services (1996-2002, 2017-2019)
- New England Securities (2002-2015)
- MSI Financial Services (2015-2017)
The Allegations
- In October 2019, Charles Evan was discharged from his position at MML Investors Services. This followed the firm’s concern over his alleged inappropriate insurance sales practices.
- In November 2019, customers alleged that Charles Evan used unethical sales tactics, denied receiving commissions, and omitted information to secure the sale of financial products. This case is presently pending. The customers are seeking $5,000 in damages.
- In December 2019, customers alleged that Charles Evan forged their signature on paperwork related to the transfer of ownership of a Term life policy.
- In January 2020, a customer alleged that Charles Evan used unethical sales tactics, denied receiving commissions, and omitted information to secure the sale of financial products. This case is presently pending. The customer is seeking $154,000 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 Charles Evan, 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.
