February 2018-Boca Raton, FL
According to publicly available records Jimmy Oswald Moscoso , (CRD# 2912265) , a former stockbroker who last worked for Lincoln Financial Advisors, discloses that he was recently barred from the securities industry and terminated from employment.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In February 2018 FINRA permanently barred Moscoso. Without admitting or denying the findings Moscoso consented to the sanction and to the entry of findings that he converted customer funds. According to FINRA, an elderly customer agreed to invest in a real estate investment and gave Moscoso $20,000, payable to a business owned by Moscoso who then deposited the check and used the funds for personal expenses.
Moscoso was discharged by Lincoln Financial Advisors in 1/2018 after the firm learned that he had personally used customer funds for his own benefit.
Moscoso was employed by Lincoln Financial Advisors from 3/2015-1/2018.
If you have losses in an investment account handled by Jimmy Moscoso , call to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900