The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Timothy D. Rice. According to his publicly available FINRA BrokerCheck report, Timothy D. Rice has been the subject of a customer dispute.

Timothy D. Rice is an Indiana based securities broker. He has worked in the securities industry for fifteen years. During his career, he has been registered with just two different securities firms.

His Registrations

  • FFP Securities (2004-2008)
  • First Allied Securities (2008-Present)

The Allegations

In October 2018, a customer alleged that Timothy D. Rice made an unsuitable investment recommendation, breached his fiduciary duty, managed their account negligently, and made material misrepresentations about investments. This case was settled for $130,000 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 Timothy D. Rice, 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.