Robert Scott Smith (Robert Smith) - Customer Disputes Filed Involving Financial Advisor/Broker Robert Smith | Recover Investment Losses
Robert Scott Smith (Robert Smith) - Customer Disputes Filed Involving Financial Advisor/Broker Robert Smith
Robert Scott Smith (Robert Smith) CRD #1412333
Robert Smith was a previously licensed financial advisor with Concorde Investment Services, LLC.
According to Robert Smith’s BrokerCheck report, customer disputes have been filed alleging sales practice violations against Robert Smith.
Customer Dispute 12/23/20:
Unsuitable Recommendations in violation of FINRA Rule 2111;Fraudulent misrepresentation in violation of Federal Securities Law, Arizona Securities Law, and FINRA Rule 2020; Negligent misrepresentation in violation of FINRA Rule 2010 and Arizona State Law; Violation of the principles of fair dealings as set forth in IM-2310-2;Respondeat Superior and Failure to supervise. This customer dispute is pending and seeks $630,000 in damages.
Customer Dispute 4/6/20:
Claim alleges unsuitable recommendation, breach of contract, fraud, negligent supervision, breach of fiduciary duty, negligence, and violation of Oregon securities law related to the purchase of various private placement investments between April 2014 and December 2017. This customer dispute was settled for 265,000 in damages.
Customer Dispute 1/13/20:
Claim alleges violation of Nebraska Securities Act, FINRA Rule 2120 (Commissions, Markups and Charges), FINRA Rule 2111 (suitability) breach of fiduciary duty, negligence, negligent misrepresentation, and vicarious liability in connection with investment in GPB Automotive Portfolio, LP in 2017. This customer dispute is pending and seeks $200,000 in damages.
Customer Dispute 1/6/20: The Claim alleges negligence, breach of fiduciary duty, violation of Oregon Securities Act, and breach of contract in relation to the following investments made between March 2015 and February 2018 in various GPB programs. This customer dispute is pending and seeks $647,500 in damages.
Goodman & Nekvasil, P.A. May Recover Investor Losses
If you lost any money on investments with Robert Smith, you may be able to recover your losses. If you lost money on investments with Robert Smith and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Robert Smith’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Robert Smith and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 1/12/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.