The law firm of Oakes & Fosher is presently investigating the possible misconduct of former securities broker Timothy Johnson. According to his publicly available FINRA BrokerCheck report, Timothy Johnson has been the subject of an employment termination.

Timothy Johnson was a Georgia based securities broker. He worked in the securities industry for nine years. During his career, he was registered with five different securities firms.

His Registrations

  • Pruco Securities (2009-2011)
  • Essex National Securities (2011)
  • PNC Investments (2011-2015)
  • Suntrust Investment Services (2015-2017)
  • MML Investors Services (2018-2019)

The Allegations

Timothy Johnson was discharged from his position at MML Investors Services in July 2019. This followed allegations that he converted customer funds for his own personal use.

What Does This Mean?

The relationship between securities brokers and investors can only exist if there is trust. Investors would not be able to leave their money with another individual unless they could trust said individual. This trust exists because securities brokers are bound by their fiduciary duty to always act in the best financial interests of their customers. Securities brokers who convert customer funds erode this trust by acting in their own selfish interests.

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 Johnson, 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.