Jude E. Offiah of Oklahoma City Oklahoma a stockbroker currently registered with Tandem Securities Inc. is referenced in a customer initiated investment related written complaint on May 2, 2017 where the customer sought more than $5,000.00 in damages based upon allegations that omissions had been made to the customer concerning variable annuity and mutual fund investments.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Offiah has been identified in three additional customer initiated investment related disputes containing accusations of Offiah’s violative conduct while employed with Woodbury Financial Services. In particular, on December 21, 2007, a customer initiated investment related complaint involving Offiah’s activities was resolved for $12,227.99 in damages founded on allegations that the customer was not provided adequate information concerning the risks of investing in a variable annuity and variable life insurance policy, and the customer’s signatures were forged on account documentation.
On December 27, 2007, another customer initiated investment related complaint concerning Offiah’s conduct was settled for $8,314.54 in damages supported by accusations that Offiah transferred the customer’s investment accounts without informing the customer beforehand, and that mutual fund transfer forms, bank draft forms, and a new account application contained unauthentic customer signatures.
Moreover, on October 7, 2008, a customer initiated investment related complaint regarding Offiah’s activities was resolved for $11,854.70 in damages based upon allegations of misrepresentations being made to the customer concerning a variable universal life insurance contract and variable annuity purchased by the customer.
FINRA Public Disclosure further reveals that Offiah has been fined $5,000.00 and suspended from associating with any FINRA member in any capacity based upon consenting to findings that Offiah falsified Woodbury Financial Services customer signatures on mutual fund disclosure forms and Hartford Leaders annuity applications; conduct violative of National Association of Securities Dealers (NASD) Conduct Rule 2110. Letter of Acceptance Waiver and Consent No. 2007008945101 (Apr. 22, 2009).
Offiah was discharged from Woodbury Financial Services on May 8, 2017 – just a couple months before FINRA’s disciplinary action against Offiah – based upon Offiah placing customer signatures on account documentation without authorization.
Offiah has been employed by Tandem Securities, Inc. since April 4, 2018.
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