Advisor Alert: Our Attorneys Are Investigating Richard Sherman Rogers Jr. For Investment Fraud
Did You Lose Money Because of Richard Rogers Jr.?
Filed: February 15, 2024
Richard Rogers Jr. has been the subject of one (1) regulatory event, one (1) termination event, one (1) criminal event, and two (2) 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 Richard Sherman Rogers Jr..
Who Is Richard Sherman Rogers Jr.?
- Advisor Name: Richard Sherman Rogers Jr.
- Aliases: Jr Richard Rogers
- CRD: 1847671
- Location: Hyannis, Massachusetts
- Current Employer: Currently Not Registered
- Previous Firms: Wells Fargo Clearing Services, LLC, First Union Capital Markets Corp., and BT Alex. Brown Incorporated
- Number of Known Customer Complaints: 2
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Number of Known Criminal Events: 1
- Can Richard Rogers Jr. Be Sued: Yes, in Private Arbitration
- Can Richard Rogers Jr.’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $15,269.69
- Highest Settlement: $16,166.46
If you have suffered investment losses by Richard Rogers Jr., we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Richard Rogers Jr. For Broker Misconduct
As of this publication date, Richard Rogers Jr. has been the subject of 1 regulatory event, 1 termination event, 2 customer disputes, and criminal event. Let’s review them below.
In June 2023, Belpointe Asset Management, LLC terminated Richard Rogers Jr. for distributing unapproved sales materials, failing to keep Form U4 updated, and knowingly misleading clients via email.
In May 2002, a complaint was filed against or in reference to Richard Rogers Jr. by a customer of First Union Securities Inc. alleging that all transactions in the client’s account in 2001 were unauthorized resulting in losses. Per the customer, she lost over $15,269.69 because of Mr. Rogers’s actions.
In June 1989, Commodity Futures Trade Commission initiated a regulatory action against or in reference to Richard Rogers Jr. in connection with orders to make, or the making of, contracts of sale of commodities for future delivery, made, or to be made, on or subject to the rules of any contract market for or on behalf of other persons, such contracts to be used for (a) hedging any transaction in interstate commerce in such commodity or the products or by-products thereof, or (b) determining the price basis of any transaction in interstate commerce in such commodity, or (c) delivering any such commodity sold, shipped or received in interstate commerce for the fulfillment thereof, cheated or defrauded or attempted to cheat or defraud his customers or prospective customers, in violation of Section 4(b)A of the Commodity Exchange Act, as amended (“Act”).
In April 1984, a complaint was filed against or in reference to Richard Rogers Jr. by a customer of First Commodity Corporation of Boston alleging misrepresentation. Per the customer, he/she lost over $11,308.62 because of Mr. Rogers’ actions. On December 8, 1986, Mr. Rogers settled the claim for $16,166.46, and some or all of this amount may have been paid by Mr. Rogers’s employer and/or insurance carrier.
In February 1961, charges were pressed against Mr. Rogers in Roxbury District Court. Mr. Rogers received a charge for larceny.
How To File A Claim Against Richard Rogers Jr. (previously with Wells Fargo Clearing Services, LLC, First Union Capital Markets Corp., and BT Alex. Brown Incorporated) To Get Your Money Back
If you have questions about Richard Rogers Jr., Wells Fargo Clearing Services, LLC, First Union Capital Markets Corp., BT Alex. Brown Incorporated, 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.