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

John Moy is a Florida based securities broker. He has worked in the securities industry for forty-two years. During his career, he has been registered with sixteen different securities firms.

His Registrations

  • Salkin, Welch & Co. (1978-1980)
  • Brokers Exchange, Inc. (1979-1980)
  • Wheat, First Securities (1980-1981)
  • Prudential-Bache Securities (1981-1984)
  • Painewebber Incorporated (1984)
  • Laidlaw Adams & Pec Inc. (1984-1986)
  • E.F. Hutton & Company (1986-1988)
  • Lehman Brothers Inc. (1988-1991)
  • Dean Witter Reynolds (1991-1998)
  • Prudential Securities Incorporated (1998-2003)
  • Wachovia Securities (2003-2005)
  • Merrill Lynch (2005-2017)
  • Morgan Stanley (2017-2018)
  • National Securities Corporation (2018-2019)
  • International Assets Advisory (2019)
  • Newbridge Securities Corporation (2019-Present)

The Allegations

  • In April 1993, a customer alleged that John Moy managed their account negligently, committed fraud, breached his fiduciary duty, and violated federal and state laws. This case went to arbitration where the customer was awarded $32,809 in damages.
  • In May 2017, customers alleged that John Moy recommended unsuitable investments. This case was settled for $65,000 in damages.
  • In September 2019, a customer alleged that John Moy recommended unsuitable investments. This case is presently pending. The customer is seeking $45,000 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 Moy, 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.