The law firm of Oakes & Fosher is presently investigating the possible misconduct of former securities broker Laura Ortega Shean. According to her publicly available FINRA BrokerCheck report, Laura Ortega Shean has been the subject of a FINRA sanction.

Laura Ortega Shean operated most recently as an Oregon based securities broker. She worked in the securities industry for twenty-one years. During her career, she was registered with two different securities firms. She is no longer working as a registered securities broker in any fashion.

Her Registrations

  • Merrill Lynch (1996-1999)
  • LPL Financial (1999-2017)

The Allegations

Laura Ortega Shean was sanctioned by FINRA in April of 2018. The FINRA findings state that Shean made tax payments for her own benefit to the IRS by withdrawing funds totallying $124,000 from one of her customer’s brokerage accounts. Due to her actions in this matter, Laura Ortega Shean was terminated from her position at LPL Financial. She was also indefinitely barred by FINRA from acting as a securities broker in any fashion.

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 Laura Ortega Shean, 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.