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

Francis Ciabattoni was a Delaware based securities broker. He worked in the securities industry for thirty-six years. He spent his entire career registered with Morgan Stanley. He is no longer working as a registered securities broker in any fashion.

The Allegations

  • In February 1999, a customer alleged that Francis Ciabattoni recommended unsuitable investments and made material misrepresentations of fact. This case was settled for $40,000 in damages.
  • In March 2018, a customer alleged that Francis Ciabattoni recommended unsuitable investments. This case is currently pending. The customer is seeking $1,140,000 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 Francis Ciabattoni, 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.