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

Erik Littlejohn is a Texas based securities broker. He has worked in the securities field for thirty-one years. During his long career he has worked for five different securities firms.

His Registrations

  • Lehman Brothers (1989-1993)
  • Citigroup Global Markets (1993-2004)
  • Morgan Stanley (2004-2009)
  • UBS Financial Services (2009-2015)
  • Merrill Lynch (2015-Present)

The Allegations

  • In September 1995, a customer alleged that Erik Littlejohn churned their account, executed unauthorized trades, and recommended unsuitable securities. This case went to arbitration where the customer was awarded $128,908 in damages.
  • In January 2018, customers alleged Erik Littlejohn over-concentrated their portfolio in risky investments in the energy sector. The customers also alleged that they were not adequately warned of the associated risks. This case was settled for $72,500 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 Erik Littlejohn, 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.