Advisor Alert: Our Attorneys Are Investigating Robert Edward Burns For Investment Fraud
Did You Lose Money Because of Rob Burns?
Filed: November 15, 2023
Rob Burns currently has two (2) pending customer complaints. 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 Edward Burns.
Who Is Robert Edward Burns of Cetera Advisor Networks LLC and Cetera Investment Advisers LLC?
- Advisor Name: Robert Edward Burns
- Aliases: Rob E Burns, Rob Burns, Robert E Burns
- CRD: 4066393
- Location: Greenwood Village, Colorado
- Current Employer: Cetera Advisor Networks LLC and Cetera Investment Advisers LLC
- Previous Firms: Summit Financial Group Inc. and Summit Brokerage Services, Inc.
- Number of Known Customer Complaints: 4
- Can Robert Burns Be Sued: Yes, in Private Arbitration
- Can Robert Burns’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: $150,000
If you have suffered investment losses by Rob Burns, 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 Rob Burns For Broker Misconduct
As of this publication date, Rob Burns 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 Rob Burns by a customer of Cetera Advisor Networks LLC alleging that Mr. Burns recommended unsuitable investments. As of this publication date, this claim remains pending.
In April 2023, a FINRA arbitration was filed against or in reference to Rob Burns by a customer of Cetera Advisor Networks LLC alleging that Mr. Burns recommended unsuitable investments. As of this publication date, this claim remains pending.
In August 2019, a FINRA arbitration was filed against or in reference to Rob Burns by a customer of VSR Financial Services Inc. and Summit Brokerage Services Inc. alleging overconcentration and unsuitable investments in alternative products. The Alleged firm failed to do due diligence of the alternative investments. Per the customer, he/she lost over $500,000 because of Mr. Burns’s actions. On August 7, 2020, Mr. Burns settled the claim for $62,500, and some or all of this amount may have been paid by Mr. Burns’s employer and/or insurance carrier.
In August 2018, a FINRA arbitration was filed against or in reference to Rob Burns by a customer of VSR Financial Services Inc. and Summit Brokerage Services Inc. alleging unsuitable investments, negligence, and breach of fiduciary duty. On June 6, 2019, Mr. Burns settled the claim for $150,000, and some or all of this amount may have been paid by Mr. Burns’s employer and/or insurance carrier.
How To File A Claim Against Rob Burns of Cetera Advisor Networks LLC and Cetera Investment Advisers LLC (previously with Summit Financial Group Inc. and Summit Brokerage Services, Inc.) To Get Your Money Back.
If you have questions about Rob Burns, Cetera Advisor Networks LLC, Cetera Investment Advisers LLC, Summit Financial Group Inc., 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.