Henry Veit Allegedly Breaches His Fiduciary Duty

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Henry Veit. According to his publicly available FINRA BrokerCheck report, Henry Veit has been the subject of multiple customer disputes.

Henry Veit was a New York-based securities broker. He worked in the securities industry for forty-six 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

• Oppenheimer Asset Management Corporation (1969-1973)


• Flagship Securities (1976-2000)


• Brill Securities (2000-2015)


• Western International Securities (2015-2016)


• IBN Financial Services (2016-2018)

• In December 1996, customers alleged that Henry Veit excessively traded their account, churned their account, made material misrepresentations, and converted their funds. This case was settled for $253,358 in damages.


• In March 2018, a customer alleged that Henry Veit recommended unsuitable investments and breached his fiduciary duty. This case is currently pending. The customer is seeking $225,000 in damages.

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 Henry Veit, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher handles cases on a contingency basis, which means there are no fees charged unless we collect for you.