The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker John Chrysadakis. According to his publicly available FINRA BrokerCheck report, John Chrysadakis has been the subject of a FINRA regulatory sanction.

John Chrysadakis was a Connecticut based securities broker. He worked in the securities industry for nine years. During his career, he was registered with two different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Park Avenue Securities (2009)
  • Northwestern Mutual Investment Services (2010-2019)

The Allegations

John Chrysadakis was officially sanctioned by FINRA in January 2020. The findings in this matter state that Chrysadakis failed to comply with a FINRA investigation into why he resigned from his position at Northwestern Mutual Investment Services. Apparently the firm had been investigating John Chrysadakis for alleged fraudulent activities that included forging non-variable insurance forms and submitting non-variable policy applications without the customers’ authorization. A customer also filed a complaint against him alleging that he converted approximately $100,000 from them. Due to this alleged failure to comply, John Chrysadakis was barred from acting as a securities broker in any fashion.

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 John Chrysadakis, 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.