The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker John Spach. According to his publicly available FINRA BrokerCheck report, John Spach has been the subject of a customer dispute and FINRA sanction.
John Spach was a California based securities broker. He worked in the securities industry for twenty-two years. During his career, he was registered with six different securities firms. He is no longer working as a registered securities broker in any fashion.
His Registrations
- MML Investors Services (1996-1998)
- NFP Securities (1998-2000)
- Sentra Securities Corporation (2000-2002)
- Financial West Group (2002-2007)
- Financial Telesis (2007-2014)
- Kestra Investment Services (2014-2018)
The Allegations
In February 2018, an investor alleged that John Spach introduced them to an outside investor. This individual purchased a promissory note for $475,000 from this outside investor. The outside investor then defaulted on the note. This case was settled for $450,000 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 damage.
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 Spach, please contact Oakes & Fosher for a free and private consultation. We work on a contingency basis, which means there are no fees charged unless we collect for you.
