Advisor Alert: Our Attorneys Are Investigating John Gerard Forrester Jr For Investment Fraud

Chetan Patil on February 22, 2024

Did You Lose Money Because of John Forrester Jr?

Filed: February 19, 2024

Did John Gerard Forrester Jr of Newbridge Securities Corporation (previously with Wasserman & Associates, Inc., Thos. K. Wasserman & Associates, Inc., and Dean Witter Reynolds Inc.) Cause You to Lose Money?

John Forrester Jr currently has two (2) pending customer complaints. Overall, he has been the subject of six (6) customer complaints, one (1) regulatory event, and one (1) financial event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on John Gerard Forrester Jr.

Who Is John Gerard Forrester Jr of Newbridge Securities Corporation?

Advisor Name: John Gerard Forrester Jr
Aliases: John Gerard Forrester
CRD: 728188
Location: Boca Raton, Florida
Current Employer: Newbridge Securities Corporation
Previous Firms: Wasserman & Associates, Inc., Thos. K. Wasserman & Associates, Inc., and Dean Witter Reynolds Inc.
Number of Known Customer Complaints: 6
Can John Forrester Jr Be Sued: Yes, in Private Arbitration
Can John Forrester Jr’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
Highest Damages Allegation: $1,500,000
Highest Settlement: $108,315.02

If you have suffered investment losses by John Forrester Jr, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a securities fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against John Forrester Jr For Broker Misconduct

As of this publication date, John Forrester Jr has been the subject of 6 customer disputes, 1 regulatory event, and 1 financial event. Let’s review them below.

In January 2024, a FINRA arbitration was filed against or in reference to John Forrester Jr by a customer of Newbridge Securities Corporation alleging breach of fiduciary duty, breach of contract, fraud and negligence, and negligent supervision. Per the customer, he/she lost over $100,000 because of Mr. Forrester’s actions. As of this publication date, this claim remains pending.

In May 2023, a FINRA arbitration was filed against or in reference to John Forrester Jr by a customer of Newbridge Securities Corporation alleging breach of fiduciary duty, negligence, fraud, and breach of contract. Per the customer, he/she lost over $200,000 because of Mr. Forrester’s actions. As of this publication date, this claim remains pending.

In April 2019, a FINRA arbitration was filed against or in reference to John Forrester Jr by a customer of Newbridge Securities Corporation alleging breach of fiduciary duty, breach of contract, and negligence. Per the customer, he/she lost over $55,000 because of Mr. Forrester’s actions. On December 10, 2019, Mr. Forrester settled the claim for $7,500, and some or all of this amount may have been paid by Mr. Forrester’s employer and/or insurance carrier.

In June 2017, John Forrester Jr filed for bankruptcy in the United States Bankruptcy Court for the Southern District of Florida.

In August 2008, a FINRA arbitration was filed against or in reference to John Forrester Jr by a customer of Wasserman & Associates, Inc. alleging that securities in an account that was opened at the end of June, 2007, had declined significantly in value. the customer further states that the aim of the investment was to maintain the principal intact. Per the customer, he/she lost over $140,000 because of Mr. Forrester’s actions. An arbitration panel found that John Forrester Jr was negligent and awarded $108,315.02 in favor of the customers.

In October 2010, FINRA initiated a regulatory action against or in reference to John Forrester Jr for failing to comply with an arbitration award or settlement agreement or to satisfactorily respond to a finra request to provide information concerning the status of compliance.

In September 1996, a NASD arbitration was filed against or in reference to John Forrester Jr by a customer of Dean Witter Reynolds Inc. alleging unsuitability, concentration, and churning. Per the customer, he/she lost over V because of Mr. Forrester’s actions. An arbitration panel found that John Forrester Jr was negligent and awarded $50,000 in favor of the customers.

In April 1993, a FINRA arbitration was filed against or in reference to John Forrester Jr by a customer of Prudential Securities alleging unsuitability and misrepresentation in connection with the 1991 purchases of AG Spanos, MFS, MITF, Gov’t Security Equity Trust, Aircora, PB Tax Credit & Putnam Otion Trust. Per the customer, he/she lost over $96,700 because of Mr. Forrester’s actions. On August 11, 1994, Mr. Forrester settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Forrester’s employer and/or insurance carrier.

How To File A Claim Against John Forrester Jr of Newbridge Securities Corporation (previously with Wasserman & Associates, Inc., Thos. K. Wasserman & Associates, Inc., and Dean Witter Reynolds Inc.) To Get Your Money Back

If you have questions about John Forrester Jr, Newbridge Securities Corporation, Wasserman & Associates, Inc., Thos. K. Wasserman & Associates, Inc., Dean Witter Reynolds Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.