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

John Boatright was a Florida based securities broker. He worked in the securities industry for twenty-four years. During his career, he was registered with eight different securities firms.

His Registrations

  • Joseph Charles & Associates Inc. (1994)
  • La Jolla Capital Corporation (1994-1995)
  • First Colonial Securities Group (1995)
  • Barron Chase Securities (1995)
  • Argent Securities (1995-1997)
  • J.P. Turner & Company (1997-2015)
  • Summit Brokerage Services (2015-2016)
  • Newbridge Securities Corporation (2016-2019)

The Allegations

  • In March 2000, a customer alleged that John Boatright made material misrepresentations, churned their account, managed their account negligently, breached his fiduciary duty, and recommended unsuitable investments. This case was settled for $42,500 in damages.
  • In August 2001, a customer alleged that John Boatright churned their account, engaged in excessive turnover, and charged them excessive account maintenance fees. This case was settled for $50,000 in damages.
  • In May 2018, a customer alleged that John Boatright recommended unsuitable investments and managed their account negligently. This case is currently pending. The customer is seeking $46,000 in damages.

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 John Boatright, 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.