May 2017-Hawthorne, NY
The FINRA records of Craig S. Forster , a stockbroker who is currently registered with Woodstock Financial Group disclose 9 prior customer disputes .
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.
The prior customer disputes include:
- In 11/2016 a customer of his prior employers Andrew Garrett and Oppenheimer was paid $165,000 to resolve allegations that Forster made unsuitable investments and breached his fiduciary duty.
- In 11/2016 a customer of Oppenheimer was paid $250,000 to resolve allegations that Forster engaged in unsuitable and unauthorized transactions in order to generate commissions and that he was no licensed in the state where the customer resides. Subject investments include oil & gas, real estate securities, mutual funds and debt-municipal.
- In 9/2015 a customer of Oppenheimer was paid $160,000 to resolve allegations that Forster made unsuitable recommendations and made excessive trades in her account from 11/2011-11/2014.
Craig S. Forster has been employed by Woodstock Financial Group since 7/2016. He was employed by Andrew Garrett from 4/2015-8/2016, Clark Dodge & Co. from 1/2015-4/2015 and Oppenheimer 10/2011-2/2015.
If you have questions about an account handled by Craig S. Forster , contact us to discuss your options.
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