Advisor Alert: Our Attorneys Are Investigating Robert C. Fross For Investment Fraud
Did You Lose Money Because of Robert Fross?
Filed: November 2, 2023
Robert Fross 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 C Fross.
Who Is Robert C Fross?
- Advisor Name: Robert C Fross
- Aliases: Robert Fross
- CRD: 4509851
- Location: The Villages, Florida
- Current Employer: Currently Not Registered
- Previous Firms: LPL Financial LLC, SII Investments, Inc., and Securities America, Inc.
- Number of Known Customer Complaints: 4
- Can Robert Fross Be Sued: Yes, in Private Arbitration
- Can Robert Fross’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $144,368.53
- Highest Settlement: $14,999
If you have suffered investment losses by Robert Fross, 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 Robert Fross For Broker Misconduct
As of this publication date, Robert Fross has been the subject of 4 customer disputes. Let’s review them below.
In March 2021, a FINRA arbitration was filed against or in reference to Robert Fross by a customer of SII Investments, Inc. alleging unsuitability in connection with a REIT purchase made over 12 years ago at SII Investments. Per the customer, he/she lost over $50,000 because of Mr. Fross’s actions. On March 30, 2021, Mr. Fross settled the claim for $14,999, and some or all of this amount may have been paid by Mr. Fross’s employer and/or insurance carrier.
In May 2013, a complaint was filed against or in reference to Robert Fross by a customer of SII Investments, Inc. alleging that the client’s investment was unsuitable for their IRA. Per the customer, he/she lost over $144,368.53 because of Mr. Fross’s actions.
In April 2013, a FINRA arbitration was filed against or in reference to Robert Fross by multiple customers of SII Investments, Inc. alleging unsuitable and inappropriate investment recommendations involving the switching of annuity contracts and purchase of speculative illiquid REIT. Per the customers, they lost over $112,000 because of Mr. Fross’s actions. On April 4, 2014, Mr. Fross settled the claim for $14,000, and some or all of this amount may have been paid by Mr. Fross’s employer and/or insurance carrier.
In September 2011, a complaint was filed against or in reference to Robert Fross by a customer of SII Investments, Inc. alleging that the client wanted no risk and feels the two annuity contracts she purchased in 2010 are unsuitable and cannot get out due to early withdrawal penalty.
How To File A Claim Against Robert Fross (previously with LPL Financial LLC, SII Investments, Inc., and Securities America, Inc.) To Get Your Money Back.
If you have questions about Robert Fross, LPL Financial LLC, SII Investments, Inc., Securities America, 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.