Oakes & Fosher recovered all of the losses suffered by a widow. The Dinosaur Financial Group broker put Mrs. Jester’s huband’s retirement accounts in alternative investments. The Jester’s had limited assets and could not afford to lose this retirement money. The net losses suffered by the Jesters were $111,000. The Panel awarded Ms. Jester almost 4 times this amount, which included punitive damages of over $100,000.
How much was won?
$429,143.48
When was the case won?
10/03/2022
FINRA DR # 21-02081
