Over the last 12 years, Oakes & Fosher has tried and won more FINRA arbitration cases on behalf of individual investors than any other law firm in the country.

*Past results do not guarantee a similar outcome. The choice of a lawyer is an important decision and should not be based alone on prior results.

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

Jarett Liddicoat is a California based securities broker. He has worked in the securities industry for fifteen years. He has spent his entire career registered with just Merrill Lynch between 2004 and the present.

The Allegations

In October 2018, a customer alleged that Jarett Liddicoat made material misrepresentations, failed to follow instructions, and recommended unsuitable investments. This case went to arbitration where the customer was awarded $330,000 in damages.

What Does This Mean?

Misrepresentation is a very serious charge, as it can often result in very serious financial harm to an investor. Essentially, misrepresentation occurs when a securities broker provides an investor with information that has been falsified or obscured in some manner. This can be either on purpose, in an attempt to defraud the investor, or by accident through the broker’s negligence.  In this case, customers were also alleging that Liddicoat had failed to follow instructions.  Regardless of the broker’s intent, misrepresentation can cause significant losses in an investor’s account as it can lead to them making crucial financial decisions based on misinformation.

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 Jarett Liddicoat, 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.