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

Jimmy Moscoso was a Florida based securities broker. He worked in the securities industry for a total of nine, non-consecutive years. During his career, he was registered with two different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Putnam Retail Management Limited Partnership (1998-2004)
  • Lincoln Financial Advisors Corporation (2015-2018)

The Allegations

Jimmy Moscoso was officially sanctioned by FINRA in February 2018. The findings in this matter state that he allegedly converted an elderly customer’s funds. The customer agreed to invest $20,000 in a purported real estate investment and made out a check for that amount to a business owned by Moscoso. Jimmy Moscoso then allegedly deposited the check into a bank account he controlled and used the funds for his own personal use. Due to these allegations, he was discharged from Lincoln Financial Advisors and barred by FINRA from acting as a 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 Jimmy Moscoso, please contact Oakes & Fosher for a free and private consultation.