The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Omer Ozeren. According to his publicly available FINRA BrokerCheck report, Omer Ozeren has been the subject of a customer complaint and a FINRA sanction.

Omer Ozeren was a California based securities broker. He worked in the securities industry for two years. He spent his entire career registered with just Ace Diversified Capital between 2013 and 2016. He is no longer working as a registered securities broker in any fashion.

The Allegations

  • In October 2016, a customer alleged that Omer Ozeren engaged in an unsuitable use of margin. The alleged transgressions taking place between February 2014 and September 2015. This case was settled for $24,000 in damages.
  • In March 2018, Omer Ozeren was officially sanctioned by FINRA. The findings in this matter state that he allegedly exercised discretion in customer accounts without written authorization from the customers or the member having authorized said accounts as suitable for discretionary trading. Due to these allegations, he was fined $10,000, forced to pay $9,388 in restitution, and suspended from acting as a securities broker in any fashion for a period of three months.

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 Omer Ozeren, please contact Oakes & Fosher for a free and private consultation.