Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 25, 2017 indicate that former Florida-based MML Investors Services broker/adviser Oscar Francis, who has been named in multiple regulatory investigations, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Francis (CRD# 5094722).
Oscar Francis has spent eleven years in the securities industry and was most recently registered with MML Investors Services in Fort Lauderdale, Florida (2008-2017). Previous registrations include AXA Advisors in Fort Lauderdale, Florida (2007-2008) and Raymond James & Associates in Boca Raton, Florida (2006-2007). He has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on August 9, 2006, and Series 7 (General Securities Representative Examination), which he obtained on April 10, 2006. He is currently not registered with any state or firm.
According to his BrokerCheck report, Oscar Francis has been named in two regulatory investigations and was discharged from his former employer in connection to allegations of policy violations.
In October 2017 he was named in an investigation by the Florida Department of Financial Services into allegations surrounding the reporting of his termination for cause. The investigation remains pending.
In May 2017 he was terminated from his position at MML Investors Services in connection with an investigation into allegations of an undisclosed outside business activity, potential selling away, and an unauthorized life insurance transaction (non-securities-related).
In April 2017 he was named in an investigation by the U.S. Department of Justice into allegations he sold investments away from his member firm and participated in an outside business activity. The investigation remains pending.
If you or someone you know has complaints regarding Oscar Francis, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.