The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Jason Zwibel. According to his publicly available FINRA BrokerCheck report, Jason Zwibel has been the subject of multiple customer disputes over the course of his career.

Jason Zwibel is a Florida based securities broker. He has worked in the securities industry for twenty-six years. During his career, he has been registered with seven different securities firms.

His Registrations

  • D.H. Blair & Co. (1994)
  • A.R. Baron & Co. (1994-1995)
  • Josephthal & Co. (1995-1999)
  • First Securities (2001-2004)
  • Brookstreet Securities Corporation (1999-2007)
  • Gunnallen Financial (2007-2010)
  • Garden State Securities (2010-Present)

The Allegations

  • In November 2000, a customer alleged that Jason Zwibel executed unauthorized trades.
  • In June 2007, a customer alleged that Jason Zwibel managed their account negligently, breached his fiduciary duty, made negligently misrepresentations, and engaged in unjust enrichment. This case was settled for $50,000 in damages.
  • In November 2017, a customer alleged that Jason Zwibel recommended unsuitable investments, managed their account negligently, and breached his fiduciary duty. This case was settled for $110,000 in damages.

What Does This Mean?

The relationship between investors and securities brokers exists on a foundation of trust. The reason that investors can generally feel secure in trusting their broker is because they are aware that brokers are obligated to always act in their customers’ best financial interests. This obligation is also known as the broker’s fiduciary duty. Brokers who breach this duty work toward the erosion of that trust, which in turn can significantly damage the broker/investor relationship.

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 Jason Zwibel, 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.