The investment fraud lawyers at Meyer Wilson are currently investigating
claims involving former OneAmerica broker Matthew J. Davis.
Did you invest with Matthew John Davis (CRD# 4412731), former broker with OneAmerica Securities? If you did and you lost money,
you may be able to recover your losses. Securities fraud attorneys at
Meyer Wilson are currently investigating claims involving Davis that he
unsuitable recommendations and improperly transferred his clients' funds.
In one instance, a client alleged that Davis made an unauthorized withdrawal
from their account in the amount of $51,800. Instead of the withdrawal
being sent to the client, the $51,800 was sent to a third party that the
client had no association with.
In another instance, a client alleged that Davis made unsuitable investment
and trading recommendations that led to high risk exposures and eventual
losses. The client also alleged that Davis had been participating in
misrepresentation, fraud, and other unauthorized activities.
In his letter of Acceptance, Waiver, and Consent (NO. 2013036026901), Davis accepted and consented to FINRA's findings that he –
"Failed and refused to appear for FINRA on-the-record testimony regarding
allegations that he engaged in misconduct in several customer accounts,
including conversion; misrepresentation of customer holdings and account
values; forger of account related documents; discretionary and/or
unauthorized trading; efforts to settle a customer complaint away from his member firm; and
Davis was a registered broker associated with OneAmerica from April 1,
2010 through July 26, 2013. After the investigation and FINRA's findings,
Davis was permanently barred from the securities industry.
Contact Meyer Wilson to learn more if you lost money investing with former
OneAmerica broker Matthew J. Davis. Investors who lost money through investment
fraud and misconduct may be able to recover their losses. Last year alone,
we were able to recover more than $29 million for our clients. Call us
today at (888) 390-6491 or
fill out our form for a free review of your case.