Francine Louise Foerst of Goshen New York a stockbroker currently employed by Stifel Nicolaus Company Inc. is the subject of a customer initiated investment related written complaint on March 6, 2017 in which the customer sought $27,000.00 in damages supported by accusations that the customer was placed in inappropriate stock positions between January of 2015 and February of 2016 which caused the customer to incur investment losses.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that Foerst was subject of a customer initiated investment related arbitration claim where the customer was awarded $9,250.00 in damages according to Stifel Nicolaus Company having been found liable on the customer’s claims of respondent superior; breach of contract; negligence; breach of fiduciary duty; violation of FINRA rules and federal securities laws; unsuitability; violation of the North Carolina Securities Act; and fraud in regard to the customer’s investments in Gamco Global Gold mutual fund and Magnum Hunter, Exelixis Inc., CYS Investments Inc., Apple Inc. preferred stock. FINRA Arbitration No. 16-01640 (Nov. 17, 2016).
Foerst has been registered with Stifel Nicolaus Company since February 19, 2010.
