The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Robert Wilder. According to his publicly available FINRA BrokerCheck report, Robert Wilder has been the subject of multiple customer disputes.
Robert Wilder was a Georgia based securities broker. He worked in the securities industry for twenty-one years. During his career, he was registered with five different securities firms. He is no longer working as a registered securities broker in any fashion.
His Registrations
- Equity Services (1994)
- A.G. Edwards & Sons (1994-2005)
- Morgan Keegan & Company (2005-2009)
- Triad Advisors (2009-2013)
- Sterne Agee Financial Services (2013-2015)
The Allegations
- In February 2005, a customer alleged that Robert Wilder breached his fiduciary duty, handled their account negligently, committed fraud, and made material misrepresentations. This case was settled for $40,000 in damages.
- In September 2009, a customer alleged that Robert Wilder recommended unsuitable investments and executed unauthorized trades related to ETF trades. This case was settled for $23,500 in damages.
- In November 2017, Robert Wilder was officially sanctioned by FINRA. The findings in this matter state that he engaged in private securities transactions without receiving approval from his member firm. Due to these allegations, he was fined $5,000 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 Robert Wilder, 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.
