Stephen Hollingsworth is a Massachusetts based securities broker. He has worked in the securities industry for thirty-four years. During his career, he has been registered with five different securities firms.
His registrations include; Merrill Lynch (1985-1988), Smith Barney Shearson (1988-1994), UBS Financial Services (1994-2005), Wells Fargo Advisors (2005-2010), and Raymond James (2010-Present).
Stephen Hollingsworth’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In June 2007, customers alleged unsuitability and breach of fiduciary duty. This case was settled for $136,000 in damages.
In July 2013, a customer alleged churning, over-concentration, unsuitability, violation of the Florida Securities and Investor Protection Act, common law fraud, breach of fiduciary duty, negligence, negligent misrepresentation, and breach of contract. This case went to arbitration where the customer was awarded $50,000 in damages.
In May 2018, a customer alleged unsuitable investment recommendations. The alleged transgressions taking place between January 2013 and March 2018. This case was settled for $40,000 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 Stephen Hollingsworth, please contact Oakes & Fosher for a free and private consultation.