Advisor Alert: Our Attorneys Are Investigating Robert Lyndon Taylor For Investment Fraud
Did You Lose Money Because of Robert Taylor?
Filed: February 9, 2024
Robert Taylor (also known as Lyndon Taylor) currently has one (1) pending customer complaint, and one (1) pending judgment/lien event. Overall, he has been the subject of one (1) regulatory event, one (1) termination event, three (3) customer complaints, one (1) criminal event, and one (1) judgment/lien event. 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 Lyndon Taylor.
Who Is Robert Lyndon Taylor?
- Advisor Name: Robert Lyndon Taylor
- Aliases: Lyndon Taylor, Robert Taylor
- CRD: 1423130
- Location: Oklahoma City, Oklahoma
- Current Employer: Currently Not Registered
- Previous Firms: Voya Financial Advisors, Inc., Mony Securities Corp., and Pruco Securities Corporation
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 1
- Number of Known Criminal Events: 1
- Number of Known Termination Events: 1
- Number of Known Judgment/Lien Events: 1
- Can Robert Taylor Be Sued: Yes, in Private Arbitration
- Can Robert Taylor’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $250,000
- Highest Settlement: $66,000
If you have suffered investment losses by Robert Taylor, 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 Taylor For Broker Misconduct
As of this publication date, Robert Taylor has been the subject of 1 regulatory event, 1 termination event, 3 customer disputes, 1 criminal event, 1 judgment/lien event. Let’s review them below.
In December 2023, a FINRA arbitration was filed against or in reference to Robert Taylor by a customer of Voya Financial Advisors, Inc. alleging in 2015, Mr. Taylor recommended alternative investments that were not suitable for the client. Claimant further alleges that the Representative failed to disclose that the investments were high-risk, speculative, and illiquid. Per the customer, he/she lost over $99,999 because of Mr. Taylor’s actions. As of this publication date, this claim remains pending.
In October 2021, Robert Taylor was the subject of a civil judgment or lien in the amount of $1,103,062.98. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In July 2017, FINRA initiated a regulatory action against or in reference to Robert Taylor for allegedly willfully failing to timely amend his Form U4 to disclose a felony charge against him and a subsequent guilty plea. The findings stated that Taylor has not been convicted of a felony in that his sentencing has been deferred until June 2021 pending his completion of all conditions of his supervised probation.
In December 2015, felony charges were pressed against Mr. Taylor in District Court for Oklahoma. Mr. Taylor received 1 felony charge for Violation of 47 O.S. 11-902(A)(2) Driving under the influence (DI1).
In February 2006, a NASD arbitration was filed against or in reference to Robert Taylor by multiple customers of Washington Square Securities Inc. alleging that Mr. Taylor misrepresented a variable annuity that they feel was unsuitable for their needs. The clients also allege breach of contract, breach of fiduciary duty, negligence, and fraudulent inducement. Per the customers, they lost over $82,046.23 because of Mr. Taylor’s actions. On April 17, 2007, Mr. Taylor settled the claim for $66,000, and some or all of this amount may have been paid by Mr. Taylor’s employer and/or insurance carrier.
In May 2003, a NASD arbitration was filed against or in reference to Robert Taylor by a customer of Washington Square Securities Inc. alleging breach of fiduciary duty, negligence, unauthorized and unsuitable trading. Per the customer, he/she lost over $250,000 because of Mr. Taylor’s actions. On March 17, 2004, Mr. Taylor settled the claim for $40,000, and some or all of this amount may have been paid by Mr. Taylor’s employer and/or insurance carrier.
In October 1990, Pruco Securities terminated Robert Taylor for allegations of investment related violations; multiple forgeries, misrepresentations regarding new business apps, and disbursement requests.
How To File A Claim Against Robert Taylor (previously with Voya Financial Advisors, Inc., Mony Securities Corp., and Pruco Securities Corporation) To Get Your Money Back
If you have questions about Robert Taylor, Voya Financial Advisors, Inc., Mony Securities Corp., Pruco Securities Corporation, 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.