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

Jeremy Rosen is a Pennsylvania based securities broker. He has worked in the securities industry for eleven years. During his career, he has been registered with three different securities firms.

His Registrations 

  • Planned Financial Programs (2008-2015)
  • Berthel, Fisher & Company Financial Services (2016-2019)
  • Nationwide Planning Associates (2019-Present)

The Allegations 

  • In July 2019, a customer alleged that Jeremy Rosen invested her account contrary to her conservative investment objectives. This case was settled for $110,000 in damages.
  • Also in July 2019, customers alleged that Jeremy Rosen invested their accounts recklessly. This case is currently pending.
  • In January 2020, customers alleged that Jeremy Rosen recommended unsuitable investments. This case is currently pending. The customers are seeking $140,000 in damages.
  • In March 2020, customers alleged that Jeremy Rosen recommended unsuitable investments and made material misrepresentations. This case is currently pending.

What Does This Mean?

Securities brokers have a legal and ethical obligation to always act in their customers’ best financial interests. This obligation is the investment broker’s duty as a fiduciary. This duty compels brokers to choose investments for their customers that are actually suitable for them based on factors that include investment objectives, financial situation, risk tolerance, and liquidity needs. Brokers who invest their customers contrary to these factors either do so in an attempt to defraud the investor, or are just incredibly negligent. Either of which disqualify the broker from being able to perform their duties to the necessary standards required for their position.

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 Jeremy Rosen, 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.