George Oldoerp Allegedly Recommends Unsuitable And Illiquid Investments

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

George Oldoerp was a California based securities broker. He worked in the securities industry for twenty-seven years. During his career, he was registered with five different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

• Blinder, Robinson & Co. (1989-1990)


• Diversified Securities Incorporated (1990-1991)


• Painewebber Incorporated (1991-1995)


• Diversified Securities (1995-2001)


• H. beck (2002-2016)

The Allegations

In November 2017, a customer alleged that George Oldoerp recommended unsuitable and illiquid alternative investments that included equipment leasing, oil and gas, BDC and non-traded REITs. The alleged transgressions taking place between August 2003 and November 2017. This case was settled for $14,000 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 George Oldoerp, please contact Oakes & Fosher for a free and private consultation.