The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Ronald Lee Smith. According to his publicly available FINRA BrokerCheck report, Ronald Lee Smith has been the subject of a customer complaint.

Ronald Lee Smith is a Kansas based securities broker. He has worked in the securities industry for thirty-nine years. During his career, he has been registered with twelve different securities firms.

His Registrations

  • A.G. Edwards & Sons (1980-1983)
  • First Mid-America (1983)
  • Paine, Webber, Jackson & Curtis (1983-1984)
  • Shearson Lehman Brothers (1984-1986)
  • Integrated Resources Equity (1986-1988)
  • B.C. Christopher Securities (1988-1990)
  • Fahnestock & Co. (1990-1992)
  • Principal Financial Securities (1992-1997)
  • Prospera Financial Services (1997-2000)
  • Chapman Securities (2000-2004)
  • Neidger, Tucker, Bruner (2004-2006)
  • Securities America (2006-Present)

The Allegations

In November 2017, a customer alleged that Ronald Lee Smith made poor stock choices and failed to monitor his investments. The customer also alleged that Ronald Lee Smith charged them a greater fee than what they had previously agreed upon. This case is currently pending. The customer is seeking $25,000 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 Ronald Lee Smith, please contact Oakes & Fosher for a free and private consultation.