John Forrester: $55,000 Alternative Investments Complaint Against Newbridge Rep

John ForresterPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on May 13, 2019 indicate that Florida-based Newbridge Securities Corporation broker John Forrester has received resolved or pending customer complaints. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Forrester (CRD# 728188).

John Forrester has spent 37 years in the securities industry and has been registered with Newbridge Securities Corporation in Boca Raton, Florida since 2010. Previous registrations include Wasserman & Associates in Myrtle Beach, South Carolina (2000-2010); Thos. K. Wasserman & Associates in Boynton Beach, Florida (1995-1999); Dean Witter Reynolds in Purchase, New York (1991-1995); Prudential Securities in New York, New York (1988-1991); Thomson McKinnon Securities (1984-1988); Richardson Greenshields Securities (1984); Arch W. Roberts & Company (1982-1984); Cralin & Company (1982); Fittin Cunningham & Lauzon (1981-1982); and Herzfeld & Stern (1981). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 13, 1984; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on April 11, 1981. He is a registered broker with 18 US states and territories.

According to his BrokerCheck report, he has received three customer complaints and one pending customer complaint.

In March 2019 a customer alleged John Forrester, while employed at Newbridge Securities Corporation, breached his fiduciary duty, breached contract, and acted negligently in connection to alternative investments. The customer is seeking $55,000 in damages in the pending complaint.

In 2009 a customer alleged John Forrester, while employed at Wasserman & Associates, recommended unsuitable investments that resulted in a decline in value. The complaint resulted in an award to the customer of more than $108,300.

In 1997 a customer alleged John Forrester, while employed at Dean Witter Reynolds, failed in his supervisory duties, recommended unsuitable investments, breached his fiduciary duty, and acted negligently. The complaint resulted in an award to the customer of $109,650.

In 1993 a customer alleged he, while employed at Prudential Securities, recommended unsuitable investments. The complaint settled for $30,000.

If you or someone you know has lost money investing with John Forrester, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.