The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Robert DAgosta. According to his publicly available FINRA BrokerCheck report, Robert DAgosta has been the subject of multiple customer disputes over the course of his career.

Robert Dagosta is a Pennsylvania based securities broker. He has worked in the securities industry for thirty years. During his career, he has been registered with five different securities firms.

His Registrations

  • Martin Financial Planning (1989-1990)
  • The Mutual Life Insurance Company of New York (1990)
  • Mony Securities Corporation (1990-2004)
  • Berthel, Fisher & Company (2004-2019)
  • IBN Financial (2019-Present)

The Allegations

  • In June 2015, a customer alleged that Robert DAgosta executed unauthorized trades on their behalf that were both unsuitable and misrepresented. This case went to arbitration where the customer was awarded $200,000 in damages.
  • In May 2017, a customer alleged that Robert DAgosta recommended unsuitable investments and made material misrepresentations. This case was settled for $500,000 in damages.

Misrepresentation

Misrepresentation occurs whenever a securities broker provides their customer with information that has been falsified in some manner. This act can occur by accident, through the broker’s own negligence, or on purpose, through some intent to defraud the customer in some fashion. Regardless of the broker’s intent, misrepresentation can cause significant financial harm to investors. This is because it can cause investors to make crucial financial decisions based on misinformation.

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 Robert DAgosta, 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.