John Mann Allegedly Failed to Follow Instructions
John Mann (CRD #: 6715021), a broker registered with Oppenheimer & Co., is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on March 11, 2024. Details concerning this dispute are provided below.
Investor Dispute
On February 14, 2023, an investor alleged that John Mann failed to follow their instructions to close out an options position. Options trading strategies give investors the right to buy or sell a security at a certain price by a certain deadline. They can be tricky to manage and must be exercised by the deadline.
The investor sought $90,000 but the dispute. Investors should know, however, that firms can deny disputes without an external review. Investors may be able to recover their losses after a denial by pursuing FINRA arbitration.
High Standards of Commercial Honor
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to follow instructions may violate this rule.
Background Infomation
John Mann has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
He is a registered broker in 28 states and D.C. He is a registered investment adviser in California.
Kurta Law Can Help
If you have worked with John Mann and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.