Goodman & Nekvasil P.A, May Recover Investor Losses | David Albert Tufts, Jr. (David Tufts), Financial Advisor Barred from Securities Industry
From 2003 until 2015, David Tufts was licensed with Oppenheimer & Co. Inc.
FINRA brought a disciplinary action against David Tufts in 2017. David Tufts consented to a bar from the securities industry. David Tufts consented to the entry of findings that David Tufts failed to appear for FINRA requested on-the-record testimony during the course of an investigation into, amongst other things, David Tufts’ supervision over a former registered representative of his member firm.
FINRA reports a pending customer complaints against David Tufts alleging sales practice violations in a variety of claims in connection with the claimants purchase of $6.75 million of securities in a company, including claims for fraud, breach of contract and failure to supervise.
If you lost any money on investments with David Tufts, you may be able to recover your losses from Oppenheimer & Co. Inc. This is because Oppenheimer & Co. Inc. had a duty to supervise David Tufts.
If you lost money on investments with David Tufts, and believe that 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 against Oppenheimer & Co. Inc., concerning David Tufts’ 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.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on any investments with David Tufts 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.