The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Richard Frith. According to his publicly available FINRA BrokerCheck report, Richard Frith has been the subject of a customer dispute in his career.
Richard Frith is a Minnesota based securities broker. He has worked in the securities industry for thirteen years. During his career, he has been registered with three different securities firms.
His Registrations
- Sagepoint Financial (2007-2009)
- Financial Network Investment Corporation (2009-2010)
- Larson Financial Securities (2010-Present)
The Allegations
In January 2017, a customer alleged that Richard Frith recommended unsuitable investments, made material misrepresentaitons, breached his fiduciary duty, engaged in deceptive business practices, committed fraud, and managed their account negligently. This case was settled for $125,000 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 Richard Frith, 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.
