Advisor Alert: Our Attorneys Are Investigating Robert Lee Anderson III For Investment Fraud
Did You Lose Money Because of Robert Anderson?
Filed: February 1, 2024
Robert Anderson currently has one (1) pending customer complaint. Overall, he has been the subject of four (4) 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 Robert Lee Anderson III.
Who Is Robert Lee Anderson III of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.?
- Advisor Name: Robert Lee Anderson III
- Aliases: Robert Lee Anderson
- CRD: 2355813
- Location: Hiawassee, Georgia
- Current Employer: Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.
- Previous Firms: Robert Thomas Securities, Inc. and Dean Witter Reynolds Inc.
- Number of Known Customer Complaints: 4
- Can Robert Anderson Be Sued: Yes, in Private Arbitration
- Can Robert Anderson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,762,391.07
- Highest Settlement: $150,000
If you have suffered investment losses by Robert Anderson, 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 Robert Anderson For Broker Misconduct
As of this publication date, Robert Anderson has been the subject of 4 customer disputes. Let’s review them below.
In June 2023, a FINRA arbitration was filed against or in reference to Robert Anderson by a customer of Raymond James Financial Services, Inc. alleging that former trustee did not have authority to appoint successor trustee and Mr. Anderson and RJA should have known this; Mr. Anderson made unsuitable recommendations and poorly managed the trust’s investments; and the trust was charged excessive fees. Per the customer, he/she lost over $956,794.23 because of Mr. Anderson’s actions. As of this publication date, this claim remains pending.
In August 2017, a FINRA arbitration was filed against or in reference to Robert Anderson by a customer of Raymond James Financial Services, Inc. alleging breach of fiduciary duty, negligence, and negligent supervision. Per the customer, he/she lost over $75,000 because of Mr. Anderson’s actions. On August 25, 2017, Mr. Anderson settled the claim for $14,999, and some or all of this amount may have been paid by Mr. Anderson’s employer and/or insurance carrier.
In November 2008, a complaint was filed against or in reference to Robert Anderson by a customer of Raymond James Financial Services, Inc. alleging failure to execute trade order per customer request, failure to provide audit of accounts, and discrimination.
In March 2007, a NASD arbitration was filed against or in reference to Robert Anderson by a customer of Raymond James Financial Services, Inc. alleging negligence, breach of fiduciary duty, breach of contract, unsuitable investment advice, and failure to supervise. Per the customer, he/she lost over $1,762,391.07 because of Mr. Anderson’s actions. On January 31, 2008, Mr. Anderson settled the claim for $150,000.
How To File A Claim Against Robert Anderson of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc. (previously with Robert Thomas Securities, Inc. and Dean Witter Reynolds Inc.) To Get Your Money Back
If you have questions about Robert Anderson, Raymond James Financial Services, Inc., Raymond James Financial Services Advisors, Inc., Robert Thomas Securities, Inc., Dean Witter Reynolds 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.