Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 14, 2016 indicate that former Rhode Island-based Oppenheimer & Company broker David Hobson is the subject of pending civil and criminal complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hobson (CRD# 2448412).
David Hobson has spent 22 years in the securities industry and was most recently registered with Oppenheimer & Company in Providence, Rhode Island (2010-2016). Previous registrations include RBC Capital Markets in Providence, New York; Tucker Anthony in Boston, Massachusetts; Gruntal & Company in New York, New York; and Dickinson & Company in Des Moines, Iowa. He is currently not registered with any state or firm.
According to his BrokerCheck report, David Hobson has received one pending civil complaint and one pending criminal complaint.
In June 2016, David Hobson pled “not guilty” to one felony count of conspiracy to commit securities fraud, two felony counts of securities fraud, and one felony count of attempt and conspiracy to commit wire fraud. The charges, filed in the US District Court for the Southern District of New York, remain pending.
In June 2016, the Securities and Exchange Commission filed a civil complaint against David Hobson alleging he engaged in insider trading. According to the complaint, Mr. Hobson used “nonpublic information” provided by a friend to “realize at least 187,000 in illicit trading profits for himself and $145,000 for his customers.” The charges remain pending.
If you have lost money investing with David Hobson, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover lost funds. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.