Marilyn Zehntner Allegedly Breaches Her Fiduciary Duty

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

Marilyn Zehntner is a Texas based securities broker. She has worked in the securities industry for eighteen years. She spent her entire career registered with Rhodes Securities.

The Allegations

In November 2017, a customer alleged that Marilyn Zehntner breached her fiduciary duty, handled their account negligently, and breached contract. This case was settled for $810,000 in damages.

What Does This Mean?

The only reason that the relationship between securities brokers and investors even exists is because of trust. Investors would not be able to leave their money with another individual if they could not trust that it would be taken care of. The reason this trust exists is because investors know that brokers are bound by their fiduciary duty to always act in the best financial interests of their customers. Brokers who breach this duty work toward the erosion of that trust and the eventual downfall of the broker/investor relationship.

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 Marilyn Zehntner, 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.