Advisor Alert: Our Attorneys Are Investigating Gilbert Russell Conrad For Investment Fraud
Did You Lose Money Because of Gilbert Conrad?
Filed: February 15, 2024
Gilbert Conrad currently has three (3) pending customer complaints. Overall, he has been the subject of five (5) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Gilbert Russell Conrad.
Who Is Gilbert Russell Conrad of Realta Equities, Inc.?
- Advisor Name: Gilbert Russell Conrad
- Aliases: G Russell Conrad
- CRD: 2746778
- Location: Lewiston, New York
- Current Employer: Realta Equities, Inc.
- Previous Firms: Arkadios Capital, Independent Financial Group, LLC, and Summit Brokerage Services, Inc.
- Number of Known Customer Complaints: 5
- Can Gilbert Conrad Be Sued: Yes, in Private Arbitration
- Can Gilbert Conrad’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $2,850,352.99
- Highest Settlement: $235,000
If you have suffered investment losses by Gilbert Conrad, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Gilbert Conrad For Broker Misconduct
As of this publication date, Gilbert Conrad has been the subject of 5 customer disputes. Let’s review them below.
In October 2023, a FINRA arbitration was filed against or in reference to Gilbert Conrad by a customer of Arkadios Capital alleging overconcentration in non-traded REITs that was not suitable and that resulted in loss of money that was earmarked for retirement. Per the customer, he/she lost over $1,000,000 because of Mr. Conrad’s actions. As of this publication date, this claim remains pending.
In October 2023, a FINRA arbitration was filed against or in reference to Gilbert Conrad by a customer of Independent Financial Group, LLC alleging overconcentration in products that were not suitable. Per the customer, he/she lost over $1,000,000 because of Mr. Conrad’s actions. As of this publication date, this claim remains pending.
In August 2023, a FINRA arbitration was filed against or in reference to Gilbert Conrad by multiple customers of Independent Financial Group, LLC alleging unsuitable investments. Per the customers, they lost over $1,000,000 because of Mr. Conrad’s actions. As of this publication date, this claim remains pending.
In July 2020, a FINRA arbitration was filed against or in reference to Gilbert Conrad by a customer of JP Turner & Company LLC alleging unsuitable product. On January 11, 2022, Mr. Conrad settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Conrad’s employer and/or insurance carrier.
In June 2013, a FINRA arbitration was filed against or in reference to Gilbert Conrad by multiple customers of JP Turner & Company LLC alleging misrepresentation, common law fraud, unsuitable investments, negligence, violation of Nebraska securities law, breach of contract, and breach of fiduciary duty. Per the customers, they lost over $2,850,352.99 because of Mr. Conrad’s actions. On November 21, 2014, Mr. Conrad settled the claim for $235,000, and some or all of this amount may have been paid by Mr. Conrad’s employer and/or insurance carrier.
How To File A Claim Against Gilbert Conrad of Realta Equities, Inc. (previously with Arkadios Capital, Independent Financial Group, LLC, and Summit Brokerage Services, Inc.) To Get Your Money Back
If you have questions about Gilbert Conrad, Realta Equities, Inc., Arkadios Capital, Independent Financial Group, LLC, Summit Brokerage Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.