The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Heather VanLandingham. According to her publicly available FINRA BrokerCheck report, Heather VanLandingham has been the subject of a FINRA sanction.

Heather VanLandingham was a Florida based securities broker. She worked in the securities industry for four years. During her career, she was registered with just two different securities firms. She is no longer working as a registered securities broker.

Her Registrations

  • Morgan Stanley (2013-2016)
  • Sunburst Investment Services (2016-2018)

The Allegations

Heather VanLandingham was officially sanctioned by FINRA in February 2018. The findings in this matter state that she allegedly transferred $53,000 at the request of an email sent by an impostor claiming to be her customer. VanLandingham allegedly attested in the firm’s records that the customer had been verbally contacted, when this was not the case. There was not sufficient funds in the customer’s account to cover the full transfer, and thus she sold shares of four securities without the customer’s authorization. The securities firm, at the attest of VanLandingham, approved the transfer to the outside account held by the impostor. Due to these allegations, she was fined $5,000 and suspended for a period of 20 business days.

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 Heather VanLandingham, please contact Oakes & Fosher for a free and private consultation.