Money Concepts Capital Broker Subject of Multiple Customer Disputes
Darren Wayne Oglesby, a registered broker and investment adviser, has been the subject of multiple customer disputes. Allegations against the broker include that he made unsuitable recommendations, failed to disclose risks, negligence, and misrepresentation.
At Meyer Wilson, we investigate and file claims on behalf of harmed investors nationwide. Victims of securities fraud or broker misconduct may be entitled to financial recovery through litigation or arbitration and are strongly encouraged to retain legal counsel. If you sustained losses after investing with Darren Oglesby or another broker accused of wrongdoing, contact our office at (614) 532-4576 to schedule a free consultation.
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Allegations of Misconduct Against Darren Oglesby
Darren Ogelsby’s BrokerCheck report indicates that he has been the subject of several customer disputes. Allegations against him include that he failed to disclose the risk of an alternative investment recommended to a client. The product in question was a real estate security that resulted in six-figure losses to the now deceased investor. The matter was settled earlier this year.
Previous allegations of wrongdoing include that the broker made unsuitable recommendations for clients to invest in DPP & LP interests and misrepresented the fees of the surrender period of a variable annuity. All customer disputes occurred while the broker was a representative of Money Concepts Capital Corp.
What to Do If You Suspect Broker Misconduct
If you suspect that a broker engaged in misconduct resulting in investment losses, you should consult with an experienced investor claims attorney.
Common claims of misconduct against brokers and investment advisers include:
- Unsuitability
- Churning
- Unauthorized trading
- Misrepresentations and omissions
- Failure to disclose risks
- Negligence
- Breach of fiduciary duty
A brokerage firm may also be held accountable for failing to supervise its representatives. An investment fraud attorney can help you understand your rights and pursue a claim for damages based on your losses.
Our lawyers are nationwide leaders in investment fraud cases.
Why Hire an Attorney?
Without the help of an attorney, you might not receive the recovery you deserve. An attorney can help determine the best course of action, including whether to file a lawsuit or go through arbitration.
At Meyer Wilson, our legal team has over 150 years of combined experience. We represent investors nationwide, having recovered hundreds of millions of dollars on their behalf. When you have serious losses, you need an attorney who can get you real results.
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Contact Our Firm for a Free Consultation
Did you or a loved one suffer losses after investing with Darren Oglesby or another broker accused of wrongdoing? We might be able to help you recover your investment losses. Contact our office now at (614) 532-4576 to schedule a free consultation. Cases are handled on a contingency basis, meaning you pay no fees unless we win. Call today to get started.
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