Lee Donais was a Florida based securities broker. He worked in the securities industry for twenty-four years. During his career, he was registered with six different securities firms.

His registrations included; Forth Financial Securities (1993-1995), Mutual Service Corporation (1995-2002), LPL Financial Corporation (2002-2009), Brokersxpress (2009-2012), Brookstone Securities (2012), and SCF Securities (2012-2018). He is no longer working as a registered securities broker in any fashion.

Lee Donais’ publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.

In October 2000, a customer alleged misrepresentation, unsuitable investments, and loss of funds against Lee Donais. This case was settled for $150,000 in damages.

In September 2009, a customer alleged that Donais placed her in unsuitable investments, including options trading, equities, and use of margin, without advising of the associated risks. This case was settled for $100,000 in damages.

In May 2012, he was discharged from his position at Brokersxpress Inc. This termination followed allegations that he forged a customer’s name on a request form.

In April 2018, a customer alleged unsuitable investment recommendations. This case is currently pending. The customer is seeking $200,000 in 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 Lee Donais, please contact Oakes & Fosher for a free and private consultation