Zachary Ellis Taylor (also known as Zach Taylor), of Newport Beach, California, a stockbroker registered with Oppenheimer Co. Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $426,000.00 in damages based upon allegations that Taylor breached his fiduciary duties, breached a contract, was negligent, made misrepresentations of material fact, engaged in unauthorized trading, and violated securities laws and elder abuse laws in connection with the sale of options and stocks during the time that Taylor was associated with Oppenheimer Co. Inc. FINRA Arbitration No. 24-00011 (January 17, 2024). The claim also alleged that Oppenheimer Co. Inc. negligently supervised Taylor’s activities.
FINRA Public Disclosure shows that Taylor is referenced in three other customer initiated investment related disputes concerning Taylor’s conduct while associated with securities broker dealers. On May 10, 2022, a customer initiated investment related FINRA securities arbitration claim involving Taylor’s conduct was settled for $250,000.00 in damages based upon allegations that Taylor made unsuitable recommendations in options, engaged in unauthorized trading, was negligent, breached a contract, breached his fiduciary duties, was negligently supervised, and overconcentrated the customer’s account in stocks when Taylor was associated with Oppenheimer Co. Inc. FINRA Arbitration No. 22-02299.
Taylor is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested damages ranging between $100,000.00 and $500,000.00 based upon allegations that Taylor breached a contract, breached his fiduciary duties, committed fraud, was negligent, made misrepresentations of material fact, engaged in unauthorized trading, as well as violated state securities laws and FINRA rules in connection with the sale of stocks and options during the period that Taylor was associated with Oppenheimer Co. Inc. FINRA Arbitration No. 23-02570 (September 21, 2023).
On March 22, 2024, another customer initiated investment related complaint involving Taylor’s conduct was settled for $50,000.00 in damages based upon allegations that Taylor mismanaged her account in connection with the sale of stocks and options.
Taylor was associated with Saxony Securities Inc. in Newport Beach, California from June 26, 2023, to October 24, 2023. Previously, Taylor was associated with Oppenheimer Co. Inc. in Newport Beach, California from August 21, 2020, to June 2, 2023. Oppenheimer Co. Inc. discharged Taylor based upon allegations that Taylor was unable to show that he had authority for trading in a customer’s account.
Taylor was also employed by Merrill Lynch Pierce Fenner Smith Incorporated in Brea, California from June 7, 2013, to August 24, 2020.
