The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Vincent Mazza. According to his publicly available FINRA BrokerCheck report, Vincent Mazza has been the subject of multiple customer disputes.

Vincent Mazza operated most recently as a New Jersey based securities broker. He worked in the securities industry for sixteen years. During his career, he was registered with six different securities firms.

His Registrations

  • Cantone Research (2002)
  • Raymond James Financial Services (2002)
  • J.P. Turner & Company (2002-2005)
  • Summit Brokerage Services (2004-2005)
  • Kovack Securities (2005-2006)
  • National Securities Corporation (2006-2018)

The Allegations

  • In August 2006, a customer alleged that Vincent Mazza breached contract, engaged in unfair and deceptive trade practices, and violated state securities statutes and state fraud statutes. This case was settled for $9,000 in damages.
  • In February 2012, a customer alleged that Vincent Mazza handled their account negligently, breached his fiduciary duty, and breached contract. This case was settled for $47,500 in damages.
  • In December 2018, a customer alleged that Vincent Mazza executed unauthorized trades, breached his fiduciary duty, and violated New Jersey Uniform Securities law. This case is presently pending. The customer is seeking $400,000 in damages.

What Does This Mean?

Investors and securities brokers enter into a contractual agreement before they begin their financial relationship. This contract is to protect both parties in case one party decides to default on their agreement. When a securities broker fails to live up to what they contractually agreed to, they have officially breached the contract. This can often lead to the investor experiencing financial loss.

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 Vincent Mazza, please contact Oakes & Fosher for a free and private consultation.