The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Fred Brisker. According to his publicly available FINRA BrokerCheck report, Fred Brisker has been the subject of a customer dispute and an employment termination.

Fred Brisker was a South Dakota based securities broker. He worked in the securities industry for thirty-nine years. During his career, he was registered with four different securities firms.

His Registrations

  • Franklin Financial Services (1978-1996)
  • Walnut Street Securities (1996-2002)
  • Parkland Securities (2002-2018)
  • Variable Investment Advisors (2018)

The Allegations

  • In October 2006, a customer alleged that Fred Brisker breached his fiduciary duty, made material misrepresentations, and handled their account negligently. This case was settled for $69,000 in damages.
  • Fred Brisker was discharged from his position at Parkland Securities in March 2018 following allegations that he forged the signature of another insurance agent and misrepresented the other agent as his employer all in connection with submitting his own disability claim form to an insurance company.

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 Fred Brisker, please contact Oakes & Fosher for a free and private consultation.