Jeffrey Palish Barred By FINRA For Alleged Fund Conversion

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

Jeffrey Palish was a New Jersey-based securities broker. He worked in the securities industry for thirty-one 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

• McLaughlin, Piven, Vogel Securities (1986-1993)


• UBS Painewebber Inc. (1993-2002)


• Morgan Stanley (2002-2006, 2009-2010)


• Citigroup Global Markets (2006-2009)


• Wells Fargo Clearing Services (2010-2017)

The Allegations

Jeffrey Palish was officially sanctioned by FINRA in February 2018. The findings in this matter state that he allegedly converted more than $180,000 from an elderly customer of his member firm for his own personal use. Due to these allegations, he was discharged from Wells Fargo Clearing Services and barred from acting as a registered securities broker in any fashion.

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 Jeffrey Palish, please contact Oakes & Fosher for a free and private consultation.