The law firm of Oakes & Fosher is presently investigating the alleged misconduct of securities broker Victor Connor. According to his publicly available FINRA BrokerCheck report, Victor Connor has been the subject of multiple customer disputes over the course of his career.

Victor Connor is a Florida based securities broker. He has worked in the securities industry for forty-two years. During his career, he has been registered with five different securities firms.

His Registrations

  • Merrill Lynch (1977-1980)
  • E.F. Hutton & Company (1980-1982)
  • Prudential Securities Incorporated (1982-1994)
  • Salomon Smith Barney Inc. (1994-2003)
  • Raymond James (2003-Present)

The Allegations

  • In August 1991, a customer alleged that Victor Connor made material misrepresentations and recommended unsuitable investments. This case was settled for $16,000 in damages.
  • In November 2004, a customer alleged that Victor Connor made an authorized stock purchase on their behalf.
  • In March 2013, a customer alleged Victor Connor failed to disclose the surrender charges associated with a variable annuity. This case is currently pending. The customer is seeking $15,200 in damages.
  • In September 2017, a customer alleged that Victor Connor recommended unsuitable investments, made negligent misrepresentations, breached contract, managed their account negligently, breached his fiduciary duty, made inappropriate recommendations, and breached FINRA rules. This case was settled for $95,000 in damages.

What Does This Mean?

Securities brokers, like Victor Connor, have a legal obligation to always act in the best interests of their customers. Part of this means conducting the necessary due diligence to handle their customer’s accounts to this best of their ability. When brokers let this responsibility go awry, their customers can suffer financially for it. Negligence turns out to be one of the most common things that securities brokers are accuse of.

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 Victor Connor, 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.