There were lot’s of big financial and regulatory problems at the only three places where Brian Fox says that he worked in the investment and finance industry

On one of Brian Fox’s personally-edited business data bases, he listed three of his prior employers as having been in the investment and finance game  ---  and, Boy-O- Boy, did those particular guys ever play that game fast and loose

 
According to Brian Fox himself  ---  they were  “J.P. Turner…” ;  “Legend Securities…”; and “SAC Capital Advisors…”  ---  all three had serious regulatory problems, paid big fines and large damage awards for a variety of mis- and malfeasance  >>>   and some of it was even found to have been criminal

ALL THREE COMPANIES WERE EITHER TEMPORARILY OR PERMANENTLY BANNED FROM DOING MUCH OF WHAT BRIAN FOX SAID HE WAS DOING THERE FOR THEM

PS ---  BRIAN FOX DOESN'T DO ANY OF THAT KIND OF BUSINESS ANYMORE,  EITHER.....

 

Brian Fox says that he worked as an “Equity Trader” at SAC Capital Advisors in Stamford, Connecticut for over two and a half years from February 2008 until August 2010. 

It is very well documented that during the entire time that Brian Fox worked there, the FBI and the U.S. Attorney’s Office for the Southern District of New York were investigating SAC Capital Advisors and related operations, putting together a comprehensive case against the complex hedge fund management enterprise for a variety of illegal activities going back many years and continuing through 2013, when a federal indictment against SAC Capital Advisors was finally obtained.

In November 2013, the U.S. Attorney for the Southern District of New York announced a “Guilty Plea Agreement” with the SAC Capital Management Companies, in which the SAC Management Companies agreed to plead guilty to  >>> all Counts <<< in the criminal indictment, pay $1.8 Billion in fines and restitution, and to terminate SAC Capital’s "Investment Advisory Business."

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Brian Fox says that he worked  as an “account executive” at Legend Securities Inx. In New York  City for over two and a half years from February 2008 until August 2010.

At Legend Securities…  it was the following:

A Financial Industry Regulatory Authority (FINRA) panel ordered Legend Securities, its CEO , and three of the firm’s former brokers to pay almost a million dollars in damages to a single investor. and Legend Securities was expelled by FINRA authority on 2011 and is no longer allowed to operate as an investment advisor.

Legend had been charged with churning, failure to supervise, fraud, various nondisclosures, various misrepresentations, negligence, and breach of fiduciary duty. The amount awarded by FINRA was 100% of what the Legend Securities’ client had asked for.

In another case that had happened around the time that Brian Fox says he had worked at Legend, a FINRA arbitration panel ordered the since-defunct brokerage firm to pay a different client an award of well over a million dollars over similar allegations related to churning by Legend’s investment managers.

Two of the Legend “account executives” who had been banned from the securities investment business were, just like Brian Fox also employed at J.P. Turner Associates. And there was also a third broker, who is no longer in the industry, who was hit with a “three-month personal suspension” by FINRA after he departed Legend Securities. Also like Fox, he worked with several other problem brokerage firms with serious regulatory problems and customer claims for damages and other disputes.

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Brian Fox says that he worked as an “account executive” at J.P. Turner & Company in Brooklyn, New York for well over four years from August 2012 until October 2016.

It has been reported that Fox said specifically that he had worked at J.P. Turner between August of 2012 and October of 2016. However, J.P. Turner & Company had been effectively closed by July of 2015 by it’s parent company, over a year before Brian Fox claimed that he had left the company.

The reason “J.T. Turmer…”  had been closed by its new parent was given as “rampant corruption.”  After “J.T. Turmer…” closed, investors had been were warned [by regulators and/or consulting advisors] to avoid bringing over former “J.T. Turmer…” employees, because. “J.T. Turmer…”  was so flagrant in it’s found violations. As a result, they had been  censured numerous times by the SEC, and its SEC license was permanently revoked after its closure,
 
Although there is no documentation implicating Brian Fox in any illegal activities or regulatory discipline at “J.T.Turner…” [or his other two financial/investment business employers, for that matter]   ---   it needs to be noted that Mr. Fox did not get hired by the new owners of that brokerage operation; and also that there were specific acts of wrongdoing that had been found at the “J.T. Turner…” Brooklyn office where Brian Fox says that he had worked  ---  right in Bay Ridge at  9017 5th Ave Brooklyn, New York.