The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker James Willard Clark. According to his publicly available FINRA BrokerCheck report, James Willard Clark has been the subject of multiple customer disputes.
James Willard Clark is a Texas based securities broker. He has worked in the securities industry for thirty-five years. During his career, he has been registered with seven different securities firms.
His Registrations
- Texas Securities (1984)
- PBS Securities (1984-1985)
- Anspacher Securities (1985-1986)
- Accredited Investors (1986-1999)
- Rushmore Securities Corporation (1991-1999)
- Oxford Financial Group (1999-2003)
- Worth Financial Group (2001-Present)
The Allegations
- In September 2012, a customer purchased life settlement policies through James Willard Clark. He allegedly suffered losses due to over concentration of his retirement account. This case went to arbitration where the customer was awarded $30,434 in damages.
- In April 2018, a customer alleged that James Willard Clark recommended unsuitable investments in income streams from Veterans’ pensions. This case was settled for $160,000 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 James W. Clark, please contact Oakes & Fosher for a free and private consultation.
