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

George Dance is a Mississippi based securities broker. He has worked in the securities industry for twenty-seven years. During his career, he has been registered with seven different securities firms.

His Registrations

  • Edward D. Jones & Company (1990-1993)
  • Wachovia Securities (1993-2002)
  • First Union Brokerage Services (2000)
  • Amsouth Investment Services (2002-2006)
  • Citigroup Global Markets (2006-2009)
  • Morgan Stanley (2009-2012)
  • Wells Fargo (2012-Present)

The Allegations

  • In September 2002, a customer alleged that George Dance recommended investments that were unsuitable based on her age and investment objectives. She also alleged that George Dance engaged in unauthorized trading. This case was settled for $20,000.
  • In January 2003, a customer alleged that George Dance mishandled his and wife’s accounts. The customer also alleged that George Dance recommended unsuitable investments. This case was settled for $20,000 in damages.
  • In August 2003, a customer alleged that George Dance misrepresented material facts regarding two variable annuities. The customer also alleged that the annuity contracts had been withheld, and had he seen those, he would have canceled the transaction. This case was settled for $5,000 in damages.
  • In December 2016, a customer alleged that George Dance recommended unsuitable investments. The alleged transgressions taking place between March 2014 and October 2016. This case was settled for $5,000 in damages.
  • In April 2018, a customer alleged that George Dance made unsuitable recommendations in regards to retirement plans and life insurance.

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 George Dance, please contact Oakes & Fosher for a free and private consultation.