Advisor Alert: Our Attorneys Are Investigating Robert Silverman For Investment Fraud
Did You Lose Money Because of Robert Silverman?
Filed: November 15, 2023
Robert Silverman has been the subject of one (1) regulatory event, one (1) termination event, and one (1) customer complaint. 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 Silverman.
Who Is Robert Silverman?
- Advisor Name: Robert Silverman
- Aliases: Robert Silverman
- CRD: 4582993
- Location: Red Bank, New Jersey
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Financial Specialists LLC and Hochman & Baker Securities, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Can Robert Silverman Be Sued: Yes, in Private Arbitration
- Can Robert Silverman’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $229,669.87
- Highest Settlement: Unknown
If you have suffered investment losses by Robert Silverman, 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 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 Silverman For Broker Misconduct
As of this publication date, Robert Silverman has been the subject of 1 regulatory event, 1 termination event, and 1 customer dispute. Let’s review them below.
In June 2020, FINRA initiated a regulatory action against or in reference to Robert Silverman. Without admitting or denying the findings, Silverman consented to the sanctions and to the entry of findings that he affected transactions in a customer’s accounts based on instructions given to him by the customer’s son-in-law, who was not authorized to direct transactions in the accounts.
In September 2019, a complaint was filed against or in reference to Robert Silverman by a customer of Cetera Financial Specialists alleging that Mr. Silverman failed to perform his fiduciary duty by accepting withdrawal paperwork from her son in-law, purportedly with her signature and on her behalf for deposit to a bank account in her name, which she had not signed. Per the customer, he/she lost over $229,669.87 because of Mr. Silverman’s actions.
In July 2019, Cetera Financial Specialists LLC terminated Robert Silverman for violating the firm’s policy by accepting account instructions, including withdrawal requests, from a non-client individual without written authority from the client
How To File A Claim Against Robert Silverman (previously with Cetera Financial Specialists LLC and Hochman & Baker Securities, Inc.) To Get Your Money Back.
If you have questions about Robert Silverman, Cetera Financial Specialists LLC, Hochman & Baker Securities, 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.