Philip Moshier is an Ohio based securities broker. He has worked in the securities industry for forty years. During his career, he has been registered with just two different securities firms. They are Cigna Financial Advisors (1978-1998) and Lincoln Financial Advisors Corporation (1998-Present).
Philip Moshier’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In March 2004, a customer alleged that Moshier misrepresented the guarantees under the guaranteed minimum income benefit rider when purchasing a variable annuity. This case was settled for $22,841.61 in damages.
In June 2011, a customer alleged that Moshier did not disclose the illiquid nature of non-traded REITs.
In March 2013, a customer alleged the investment recommendations made by Moshier were unsuitable due to their risky and illiquid nature.
In April 2018, a customer alleged that Philip Moshier recommended an unsuitable, highly risky, over-concentrated, and illiquid investment plan. The alleged transgressions taking place in 2008. This case is currently pending. The customer is seeking $186,000 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 Philip Moshier, please contact Oakes & Fosher for a free and private consultation.