Matthew Grabbe Allegedly Exercises Discretion Without Proper Authorization

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Matthew Grabbe. According to his publicly available FINRA BrokerCheck report, Matthew Grabbe has been the subject of a FINRA sanction.

Matthew Grabbe is an Indiana based securities broker. He has worked in the securities industry for twelve years. During his career, he has been registered with just two different securities firms.

His Registrations

• J.J.B Hilliard, W.L Lyons (2007-2016)


• Raymond James Financial Services (2016-Present)

The Allegations

Matthew Grabbe was officially sanctioned by FINRA in November 2017. The findings in this matter state that he exercised discretion in customers' 401(k) accounts held at financial institutions away from his member firm. He allegedly did this without providing written notice to the financial institutions. Due to these alleged actions, he was fined $7,500 and suspended from acting as a securities broker in any fashion for a period of ten business days.

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 Matthew Grabbe, 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.