Advisor Alert: Our Attorneys Are Investigating Gordon Morrison Roberts Jr. For Investment Fraud
Did You Lose Money Because of Gordon Roberts Jr.?
Filed: February 2, 2024
Gordon Roberts Jr. 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 Gordon Morrison Roberts Jr..
Who Is Gordon Morrison Roberts Jr.?
- Advisor Name: Gordon Morrison Roberts Jr.
- Aliases: Gordon M Roberts Jr, Gordon R Roberts
- CRD: 1474475
- Location: Mount Vernon, Illinois
- Current Employer: Currently Not Registered
- Previous Firms: Berthel, Fisher & Company Financial Services, Inc., Investment Planners, Inc., and Nationsbanc Investments, Inc.
- Number of Known Customer Complaints: 5
- Can Gordon Roberts Jr. Be Sued: Yes, in Private Arbitration
- Can Gordon Roberts Jr.’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $400,000
- Highest Settlement: $325,000
If you have suffered investment losses by Gordon Roberts Jr., we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Gordon Roberts Jr. For Broker Misconduct
As of this publication date, Gordon Roberts Jr. has been the subject of 5 customer disputes. Let’s review them below.
In June 2020, a FINRA arbitration was filed against or in reference to Gordon Roberts Jr. by a customer of Berthel, Fisher & Company Financial Services, Inc. alleging that Mr. Roberts made a series of recommendations of illiquid, high-commission investments from 2009-2013 which were unsuitable and resulted in over-concentration in these products in their portfolio. In addition the client alleges the firm failed to conduct adequate due diligence relating to United Development Funding and was negligent. On December 29, 2021, Mr. Roberts settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Roberts’s employer and/or insurance carrier.
In July 2019, a FINRA arbitration was filed against or in reference to Gordon Roberts Jr. by a customer of Berthel, Fisher & Company Financial Services, Inc. alleging that the investments the client purchased in 2008-2012 were unsuitable and misrepresented to him by the representative. The client also alleges the firm failed to supervise the actions of the representative and conduct adequate due diligence. On November 20, 2020, Mr. Roberts settled the claim for $325,000, and some or all of this amount may have been paid by Mr. Roberts’s employer and/or insurance carrier.
In January 2013, a FINRA arbitration was filed against or in reference to Gordon Roberts Jr. by a customer of Investment Planners, Inc. alleging that the investments were unsuitable and misrepresented to the client by the representative. The client also alleges the firm failed to supervise the actions of the representative. On June 30, 2014, Mr. Roberts settled the claim for $45,000, and some or all of this amount may have been paid by Mr. Roberts’s employer and/or insurance carrier.
In August 2010, a FINRA arbitration was filed against or in reference to Gordon Roberts Jr. by a customer of Investment Planners, Inc. alleging that Mr. Roberts was negligent, breached his fiduciary duties, and that the recommended transactions were unsuitable. Per the customer, he/she lost over $400,000 because of Mr. Roberts’s actions. On August 14, 2011, Mr. Roberts settled the claim for $52,500, and some or all of this amount may have been paid by Mr. Roberts’s employer and/or insurance carrier.
In October 2002, a complaint was filed against or in reference to Gordon Roberts Jr. by multiple customers of Investment Planners, Inc. alleging that in or about March, 2001, Mr. Roberts recommended the purchase of life insurance policies and that the funding would come from the clients’ IRA accounts. After the policies were in force for 8 or 9 months, the customers wanted their money back. Per the customers, they lost over $55,000 because of Mr. Roberts’s actions. On April 1, 2003, Mr. Roberts settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Roberts’s employer and/or insurance carrier.
How To File A Claim Against Gordon Roberts Jr. (previously with Berthel, Fisher & Company Financial Services, Inc., Investment Planners, Inc., and Nationsbanc Investments, Inc.) To Get Your Money Back
If you have questions about Gordon Roberts Jr., Berthel, Fisher & Company Financial Services, Inc., Investment Planners, Inc., Nationsbanc Investments, 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.