Satya Shaw Allegedly Engages In Pattern Of Unsuitable Trading

The law firm of Oakes & Fosher is presently investigating the possible misconduct of former securities broker Satya Shaw. According to his publicly available FINRA BrokerCheck report, Satya Shaw has been the subject of a customer complaint.

Satya Shaw operated most recently as a Florida based securities broker. He worked in the securities industry for twenty-four years. During his career, he was registered with seven different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

• Lakshmi Investment Group (1984-1986)


• Cornwall Securities (1986-1987)


• NYLIFE Securities (1993-1999)


• Mony Securities Corporation (1999-2001, 2002-2005)


• AXA Advisors (2005-2006)


• Madison Avenue Securities (2008-2009)


• Center Street Securities (2010-2016)

The Allegations

In May 2019, a customer alleged that Satya Shaw engaged in a pattern of unsuitable trading. This case is currently pending. The customer is seeking $2 million 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 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 Satya Shaw, 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.