The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker John Grillo. According to his publicly available FINRA BrokerCheck report, John Grillo has been the subject of multiple complaints over the course of his career.
John Grillo is a Georgia based securities broker. He has worked in the securities industry for twenty-four years. During his career, he has been registered with two different securities firms.
His Registrations
- NYLIFE Securities (1995-2008)
- Cambridge Investment Research (2008-Present)
The Allegations
- In June 2018, customers alleged that John Grillo placed them in a risky mutual fund that was unsuitable for them. This case was settled for $270,000 in damages.
- In February 2020, a customer alleged that John Grillo made an unsuitable recommendation and made material misrepresentations. This case is currently pending. The customer is seeking $140,000.
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 Grillo, please contact Oakes & Fosher for a free and private consultation. We handle cases on a contingency basis, which means there are no fees charged unless we collect for you.
