DID JOHN ALBERT MANGIN JR CAUSE YOU INVESTMENT LOSSES?
John Mangin Jr Of OneAmerica Securities, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
About John Mangin Jr of OneAmerica Securities, Inc.?
John Mangin Jr (CRD #318628) has a substantial and long-standing career in the financial services industry, primarily associated with OneAmerica Securities, Inc. in Tampa, Florida, since March 2, 1992. His registration shows a breadth of experience, with licensure in six U.S. states and territories. Mangin has passed one principal/supervisory exam, four general industry/product exams, and one multi-state securities law exam, indicating a well-rounded professional qualification. His history with previous firms such as American United Life Insurance Company, Multi-Financial Securities Corporation, and Integrated Resources Equity Corporation, among others, reflects a diverse and extensive background in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
John Mangin Jr Customer Complaints and Reviews
John Mangin has been involved in two customer disputes:
- Customer Dispute 1 (Pending): This involves allegations related to his actions as a Power of Attorney, where he is accused of improperly transferring $722,406 to a non-owner of an account in December 2012. The complainant is seeking damages exceeding $100,000. The case is pending arbitration with FINRA (Case #: 24-00692).
- Customer Dispute 2 (Evolved into Arbitration): Originating from similar circumstances as the first, this complaint was received on May 10, 2021, and transitioned to arbitration. The complaint was initially related to improper financial transfers conducted under the Power of Attorney, seeking damages exceeding $100,000.
Allegations Against John Mangin Jr
The allegations against John Albert Mangin Jr. include:
- Improper Financial Transfers: Both disputes allege that Mangin, while acting under Power of Attorney, transferred a significant amount of money ($722,406) to a non-beneficiary, which was not within the rights of the account owner.
- Breach of Fiduciary Duty: The actions described in the disputes suggest a breach of fiduciary duty, where Mangin is accused of misusing his authority to benefit a non-owner, which directly contravenes the ethical obligations expected of someone in his position managing financial accounts and estates.
John Mangin Jr Red Flags & Your Rights As An Investor
Of course, John Mangin Jr did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of John Mangin Jr at OneAmerica Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether John Mangin Jr has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at OneAmerica Securities, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At OneAmerica Securities, Inc. Due To John Mangin Jr
If you have questions about OneAmerica Securities, Inc. and/or John Mangin Jr and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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