Furman Alexander Ford Allegedly Withdraws Funds From A Customer’s Charitable Trust-Owned Variable Annuity

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

Furman Alexander Ford was a North Carolina based securities broker. He worked in the securities industry for twelve 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

• The Stuart-James Company, Inc. (1989-1990)


• Metropolitan Life Insurance Company (2000-2002)


• MetLife Securities (2000-2002)


• Walnut Street Securities (2002-2003)


• Brokersxpress (2004-2006)


• World Equity Group, Inc. (2006-2007)


• NYLIFE Securities (2007-2015)

The Allegations

In July 2018, a customer alleged that Furman Alexander Ford withdrew $1 million from her charitable trust-owned variable annuity without her knowledge or consent. This case was settled for $1,395,000 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 Furman Alexander Ford, please contact Oakes & Fosher for a free and private consultation. We handle cases on a contingency basis, which means there are no fees charged unless we collect for you.