Last Updated: November 2023 (Boca Raton, FL)
John Forrester Investigation Summary
Here’s what you need to know about Boca Raton, FL, stockbroker John Forrester:
- Name: Mr. John Gerard Forrester, Jr.
- Current Employer: Newbridge Securities
- Previous Firms: Wasserman & Associates
- Function: Stock Broker/ Financial Advisor
- Aliases: John Forrester
- Primary Location: Boca Raton, FL
- CRD 728188
- Can John Forrester be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement or Award: $108,315
- Pending Customer Dispute Seeks Damages of $200,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With John Forrester As Your Stockbroker?
John Forrester was suspended for several weeks in 2010 for failing to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request for information.
John Forrester discloses two customer settlements, one for $7,500, in a case involving alternative investments and the other for $30,000. FINRA arbitration panels have awarded damages to customers in two other cases, one for $50,000 in a case alleging churning, and the other award was $108,315.
Allegations of Broker Misconduct Against John Forrester
Customers of John Forrester have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Negligent misrepresentation
- Churning
- Securities Fraud
- Breach of Fiduciary Duty
- Omission of Facts
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.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by John Forrester, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
