John Forrester In Newbridge Investor Disputes Regarding Negligence

Investors might have sustained losses because of securities broker John Gerard Forrester Jr. [CRD: 728188, Boca Raton, Florida], according to disclosures on FINRA BrokerCheck. Evidently, John Forrester worked for Newbridge Securities Corporation and Wasserman Associates Inc. Keep reading to learn more about John Forrester's disclosures.

Newbridge Securities Corporation Investor Accused Forrester Of Breach Of Fiduciary Duty

Specifically, on January 18, 2024, a Newbridge Securities Corporation client filed FINRA Arbitration: 24-00135 about John Forrester Notably, the claim alleged breach of contract, breach of fiduciary duty, negligence, and negligent supervision. Because of this, the client allegedly sustained damages on alternative investments and stocks. Consequently, the client requested $100,000 to $500,000 in compensation from Newbridge Securities Corporation or Forrester. Evidently, this arbitration is pending a resolution.

Forrester Disclosed Negligence Allegations By Investor

Particularly, a client of Newbridge Securities Corporation contested John Forrester’s sales practices by filing FINRA Arbitration: 23-01564 on May 26, 2023. Allegedly, Forrester was negligent, and breached a contract and a fiduciary duty. It appears that Forrester caused the client to sustain damages on GWG products. For this reason, the client seeks compensatory relief from Newbridge Securities Corporation or Forrester in the amount of $200,000 in this ongoing matter.

Newbridge Securities Corporation Investor Accused Forrester Of Breach Of Contract

Additionally, a Newbridge Securities Corporation client filed FINRA Arbitration: 19-00771 about John Forrester Notably, the claim alleged breach of contract, breach of fiduciary duty, and negligence. Because of this, the investor apparently experienced damages on alternative investments. Therefore, on December 10, 2019, Newbridge Securities Corporation settled this matter by paying the client $7,500 in damages.

Wasserman Associates Inc. Investor Accused Forrester Of Misrepresentations and Omissions

Moreover, a Wasserman Associates Inc. client filed FINRA Arbitration: 09-01281 about John Forrester Namely, the securities broker is accused of omissions, negligent misrepresentations, and breach of contract. Because of this, the client allegedly sustained damages on stocks. As a result, on December 18, 2009, a FINRA Arbitration Panel issued an Award ordering Wasserman Associates Inc. and Forrester to pay the client compensatory damages in the amount of $108,315.02.

Investment Losses Because Of John Forrester?

Did you experience losses because of John Forrester? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Forrester and brokerage firms he worked for deny accusations of sales practice violations.