The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker David Kennon. According to his publicly available FINRA BrokerCheck report, David Kennon has been the subject of a customer dispute in his career.

David Kennon is a Florida based securities broker. He has worked in the securities industry for seventeen years. During his career, he has been registered with three different securities firms.

His Registrations

  • AXA Advisors (2001-2009)
  • Woodbury Financial Services (2009-2012)
  • First Allied Securities (2012-2019)

The Allegations

In April 2018, a customer alleged that Kennon recommended risky and speculative investments that were unsuitable for them. The customer also alleged that David Kennon managed their account negligently, made material misrepresentations, managed their account negligently, breached his fiduciary duty, and breached contract. This case was settled for $24,000 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 David Kennon, 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.