The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Roger Kroeger. According to his publicly available FINRA BrokerCheck report, Roger Kroeger is facing pending criminal charges in connection with an alleged fund conversion.

Roger Kroeger was a Florida based securities broker. He worked in the securities industry for thirty years. During his career, he was registered with three different securities firms. He is no longer working as a registered securities broker.

His Registrations

  • Shearson Lehman Hutton (1986-1988)
  • Glenfed Brokerage Services (1989-1990)
  • Invest Financial Corporation (1990-2017)

The Allegations

According to his FINRA BrokerCheck report, Roger Kroeger allegedly facilitated a loan to his sister from an elderly customer of his member firm. Roger Kroeger allegedly converted these cash funds for his own personal use. Due to these allegations, he was discharged from his position at Invest Financial Corporation. The customer in question filed a claim against Invest Financial Corporation due to this alleged fund conversion. Invest settled this case for $206,084 in damages. Due to his alleged actions, Roger Kroeger is facing pending criminal charges including; ‘Exploitation of the Elderly’, ‘Grand Theft in the First Degree’, ‘Fraud’, and more. Kroeger was eventually barred by FINRA in September 2018 after allegedly failing to comply with their investigation into the matter.

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 Roger Kroeger, please contact Oakes & Fosher for a free and private consultation.