Demos Argyros Allegedly Churned A Customer’s Account

By | Current Investigations | No Comments

Many investors are still unaware that there is any legal recourse when losses occur due to securities broker negligence or misconduct. The law firm of Oakes & Fosher dedicates its entire legal practice to helping investors that have lost money this way all across the nation. We are currently investigating one such such securities broker named Demos Argyros. According to Demos Argyros’ publicly available FINRA BrokerCheck report, multiple customer complaints have been filed against him over the course of his career. These complaints were filed by, or on behalf of, customers that entrusted him to responsibly invest their money. Demos…

Read More

Dana Hawkins Allegedly Recommends Unsuitable Investment Recommendations

By | Current Investigations | No Comments

The law firm of Oakes & Fosher is currently investigation allegations of unsuitable investment recommendations made against Dana Hawkins. According to his publicly available FINRA BrokerCheck report, Dana Hawkins is currently the subject of four separate complaints filed against him by, or on behalf of, customers of his. All four complaints are currently pending. Dana Hawkins is a South Carolina based securities broker. He has worked in the securities industry for a total of eight years with just two different securities firms. They were J.P. Turner & Company (2011-2015) and Centaurus Financial (2015-Present). The Allegations¬† In September 2018, customers alleged…

Read More

Leonard Kinsman Allegedly Makes Unsuitable Investment Recommendations

By | Current Investigations | No Comments

Oakes & Fosher is currently investigating allegations levied against former securities broker, Leonard Kinsman. According to his publicly available FINRA BrokerCheck report, Leonard Kinsman has been the subject of multiple complaints over the course of the his career. These complaints were filed by, or on behalf of, customers that believe they were financially harmed by him acting as their securities broker. During his career, Leonard Kinsman operated primarily out of New York. He spent a total of twenty-two years working in the securities industry with eight different securities firms. He is no longer working as a registered securities broker in…

Read More

John A. Busco Allegedly Recommends Unsuitable Investments

By | Current Investigations | No Comments

John A. Busco is a New York based securities broker. He has worked in the securities industry for thirty-six years. During his career, he has been registered with eight different securities firms. His registrations included; Dean Witter Reynolds (1982), E.F. Hutton & Company (1982-1988), Shearson Lehman Hutton (1988), Merrill Lynch (1988-2001), UBS Financial Services (2001-2008), Citigroup Global Markets (2008-2009), Morgan Stanley (2009-2019), and Laidlaw & Company (2019-Present). John A. Busco’s publicly available FINRA BrokerCheck report shows that he received multiple customer complaints over the course of his career. In April 2001, a customer alleged that Busco made trades in their…

Read More

Steven M. Woods Allegedly Churns His Customer’s Account

By | Current Investigations | No Comments

Steven M. Woods is a New York based securities broker. He has worked in the securities industry for nine years. During his career, he has been registered with five different securities firms. His registrations include; John Thomas Financial (2009-2012), Buckman, Buckman & Reid (2012), Meyers Associates (2012-2013), Laidlaw & Company (2013-2017), and Worden Capital Management (2017-Present). Steven M. Woods’ publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career. In May 2018, a customer alleged churning, unauthorized trading, and unsuitable trading. This case is currently pending. The customer is seeking $157,588…

Read More

Stephen Whittaker Allegedly Executes Unauthorized Trades

By | Current Investigations | No Comments

Stephen Whittaker was an Arizona based securities broker. He worked in the securities industry for fifteen years. During his career, he was registered with three different securities firms. His registrations included; A.G. Edwards & Sons (2003-2006), Morgan Stanley (2006-2012), and First Financial Equity Corporation (2012-2019). He is no longer working as a registered securities broker. Stephen Whittaker’s publicly available FINRA BrokerCheck report shows that he received a complaint in April 2019 from a customer alleging that Whittaker executed unauthorized trades and made unsuitable trades. This case was settled for $40,110 in damages. In April 2019, Stephen Whittaker was discharged from…

Read More

Shimshon Plotkin Allegedly Makes Unsuitable Investment Recommendations Concerning Non-Traded REITs and DPPs

By | Current Investigations | No Comments

Shimshon Plotkin is a Maryland based securities broker. He has worked in the securities industry for twenty-five years. During his career, he has been registered with five different securities firms. His registrations include; Sun Investment Services (1994-1996), Royal Alliance Associates (1996-2005), Cambridge Investment Research (2005-2006), Pacific West Securities (2008-2011), and Independent Financial Group (2011-Present). Shimshon Plotkin’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career. In January 2002, a customer alleged that Plotkin misrepresented material details regarding their investments and handled their account negligently. This case went to arbitration where…

Read More

James T. Booth Allegedly Converted Customer Funds For His Own Personal Use

By | Current Investigations | No Comments

James T. Booth was a Connecticut based securities broker. He worked in the securities industry for twenty-eight years. During his career, he was registered with six different securities firms. His registrations included; One Wall Street Brokerage (1989), Reliastar Financial Marketing Corp. (1990-1992), Guardian Investor Services Corporation (1992-1993), Cadaret, Grant & Co. (1993-2005), Invest Financial Corporation (2005-2018), and LPL Financial (2018-2019). He is no longer working as a registered securities broker in any fashion. James T. Booth’s publicly available FINRA BrokerCheck report shows that he was sanctioned by FINRA in July 2019. The findings in this matter state that he converted…

Read More

Mark Kolta Allegedly Handles His Customers’ Accounts Negligently

By | Current Investigations | No Comments

Mark Kolta is a New York based securities broker. He has worked in the securities industry for eleven years. During his career, he has been registered with six different securities firms. His registrations included; Merrill Lynch (2008), Chase Investment Services (2008-2011), Cetera Advisors (2011-2013), National Securities Corporation (2013-2017), Aegis Capital Corp. (2017-2018), and Worden Capital Management (2018-Present). Mark Kolta’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career. In June 2018, a customer alleged that Mark Kolta misrepresented details regarding their account, made unsuitable investment recommendations, breached his fiduciary duty,…

Read More

John M. James Allegedly Makes Unsuitable Investment Recommendations

By | Current Investigations | No Comments

John M. James was a Minnesota based securities broker. He worked in the securities industry for thirteen years. During his career, he was registered with three different securities firms. His registrations included; Piper Jaffray & Co. (2003-2006), Merrill Lynch (2006-2016), and Stifel, Nicolaus & Company (2016). He is no longer working as a registered securities broker in any fashion. John M. James’ publicly available FINRA BrokerCheck report shows that he received a customer complaint in May 2009. The customer in this case alleged that John M. James made unsuitable investment recommendations. This case was settled for $160,000 in damages. In…

Read More