Did you incur investment losses with Patrick McGrath III?
The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving Patrick McGrath III of Oppenheimer & Co related to his alleged borrowing of funds from clients at Oppenheimer.
McGrath also has been suspended and fined by FINRA.
Fortunately, those investors that incurred losses investing with McGrath may be able to recover those losses through the FINRA arbitration process.
Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of the advisors registered with their firm, and therefore may be held liable for the actions of their Broker(s)/Advisor(s).