David Ray Oakes (David Oakes) – Financial Advisor/Broker David Oakes Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
David Ray Oakes (David Oakes) CRD #1465154
David Oakes is a previously licensed financial advisor/broker with Prospera Financial Services, Inc. David Oakes was previously licensed with Wells Fargo. According to FINRA, David Oakes was suspended for six months in December 2020.
According to FINRA Allegations:
Oakes was named a respondent in a FINRA complaint alleging that he structured cash deposits and cash withdrawals totaling $61,500 for the purpose of attempting to evade federal reporting requirements in that he acted with the purpose of preventing a bank from filing, and intended to cause the bank to fail to file Currency Transaction Reports (CTRs) reporting a currency transaction in excess of $10,000.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with David Oakes and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning David Oakes’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $200 million on behalf of victimized investors. If you lost money on investments with David Oakes and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 11/18/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.