Randy Cox Accused Of Unsuitable Recommendations By FSC Clients

Investors possibly experienced losses because of securities broker Randy Carter Cox [CRD: 2544998, Hudson Oaks, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Cox joined OSAIC Wealth Inc. on November 3, 2023, and previously worked for FSC Securities Corporation from October 28, 1994, to November 3, 2023. Here’s an overview of Cox’s disclosures.

Cox Allegedly Made Unsuitable Recommendations In REITs

Particularly, on November 28, 2023, an FSC Securities Corporation client filed FINRA Arbitration No. 23-03386 about Randy Cox. Supposedly, Cox made unsuitable recommendations. Because of this, the client allegedly sustained damages on real estate securities. Therefore, the client requested $100,000 in compensation from FSC Securities Corporation or Cox. Currently, this arbitration is unresolved.

Randy Cox Disclosed Unsuitable Annuity Advice Allegations By FSC Securities Corporation Client

Also, a client of FSC Securities Corporation contested Randy Cox’s sales practices by filing FINRA Arbitration No. 12-03877. Allegedly, Cox made unsuitable recommendations of mutual funds, direct investments, real estate securities, oil and gas investments, and variable annuities. Therefore, FSC Securities Corporation opted to settle the matter on January 13, 2014, by compensating the client in the amount of $100,000.

Did You Sustain Losses Because Of Cox?

Have you experienced losses due to financial advisor / securities broker Randy Cox? If you have, contact Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer concerning a possible recovery of your investment losses. Soreide Law Group investment loss lawyers help individuals throughout the United States, work on a contingency fee basis, and advance all costs. Cox and brokerage firms Cox worked for deny accusations of sales practice violations.