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John O’Hagan Of Securities America And Formerly With KMS Financial Services And Purshe Kaplan Sterling Investments Has 2 Customer Complaints For Alleged Broker Misconduct

Who is John O’Hagan of Securities America?

John O’Hagan (CRD #1754256) who is currently registered with Securities America and located in Bethlehem, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations. Prior to Securities America, John O’Hagan was associated with KMS Financial Services, Purshe Kaplan Sterling Investments and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

John O’Hagan Customer Complaints

John O’Hagan has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of John O’Hagan’s 2 customer complaints was settled in favor of investors. One of John O’Hagan’s customers’ complaints was denied and, to date, the customer has not taken any further action.

Allegations Against John O’Hagan

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Client and John O’Hagan allegedly were negotiating advisory fee and that he wanted to terminate the agreement and self manage.  John O’Hagan sold all positions and closed the account. Client alleged that he did not request sale of positions and only wanted to terminate his advisory agreement.
  • Client sent text messages to John O’Hagan alleging that stop losses requested were not put in place on their holdings. Also questioned quality of specific stock picks and size of individual holdings.

John O’Hagan Red Flags & Your Rights As An Investor

Of course, John O’Hagan did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of John O’Hagan at Securities America, KMS Financial Services and Purshe Kaplan Sterling Investments on alert to review carefully the activity and performance of their accounts and question whether John O’Hagan has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Securities America, KMS Financial Services and Purshe Kaplan Sterling Investments also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Securities America Due To John O’Hagan

If you have questions about Securities America, KMS Financial Services, Purshe Kaplan Sterling Investments, and/or John O’Hagan and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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