The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Manish Shah. According to his publicly available FINRA BrokerCheck report, Manish Shah has been the subject of a customer dispute.

Manish Shah was a New Jersey based securities broker. He worked in the securities industry for fifteen years. He spent his entire career registered with Northwestern Mutual Investment Services between 2003 and 2019. He is no longer working as a registered securities broker in any fashion.

The Allegations

In March 2019, a customer alleged that Manish Shah fraudulently induced her to lend him $200,000 under false representations. The customer also alleged that Manish Shah converted these funds for his own personal use without any intention of ever actually repaying the loan. This case was settled for $145,865 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 Manish Shah, 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.