Joseph Teifer Allegedly Makes Inappropriate Investments

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

Joseph Teifer is a New Jersey based securities broker. He has worked in the securities industry for fifteen years. During his career, he has been registered with two different securities firms.

His Registrations

• David Lerner Associates (2004-2019)


• Herbert J. Sims & Co. (2019-Present)

The Allegations 

Joseph Teifer was the subject of two complaints in April 2019 from customers alleging that he purchased inappropriate investments on their behalf between 2017 and 2019. Both complaints are currently pending. The customer in the first case is seeking $60,591 in damages. The customer in the second case is seeking $19,419 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 Joseph Teifer, 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.