Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 21, 2018 indicate that New Jersey-based Signator Investors broker/adviser Joseph Oakes is involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Oakes (CRD# 350102).
Joseph Oakes has spent 49 years in the securities industry and has been registered with Signator Investors in Livingston, New Jersey since 1968. Previous registrations include John Hancock Mutual Life Insurance Company in Boston, Massachusetts (1971-1997). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on October 28, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 27, 1984; Series 1 (Registered Representative Examination), which he obtained on August 22, 1968; Series 51 (Municipal Fund Securities Principal Examination), which he obtained on April 14, 2003; and Series 24 (General Securities Principal Examination), which he obtained on April 1, 1996. He is a registered broker with one US state (New Jersey) and one self-regulatory organization (FINRA).
According to his BrokerCheck report, he has received three customer complaints and one pending customer complaint.
In February 2018 a customer alleged Joseph Oakes, while employed at breached plan assets. The customer is seeking unspecified damages in the pending complaint.
In 2001 a customer alleged Joseph Oakes, while employed at John Hancock/Signator Investors, supervised an investor who failed to forward premium payments on behalf of the policyholder, causing the policy to lapse. The complaint settled for $2,500.
In 2000 a customer alleged Joseph Oakes, while employed at John Hancock/Signator Investors, failed in his supervisory duty. The complaint settled for $250,000.
In 1998 a customer alleged he, while employed at John Hancock/Signator Investors, failed in his supervisory duty over an representative who allegedly use improper sales practices. The complaint settled in 2001 for $70,000.
If you or someone you know has lost money investing with Joseph Oakes, 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.