Advisor Alert: Our Attorneys Are Investigating Robert Terry Tractenberg For Investment Fraud
Did You Lose Money Because of Robert Tractenberg?
Filed: January 16, 2024
Robert Tractenberg has been the subject of one (1) financial event and five (5) 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 Terry Tractenberg.
Who Is Robert Terry Tractenberg?
- Advisor Name: Robert Terry Tractenberg
- Aliases: Robert Tranctenberg
- CRD: 1619275
- Location: New York, New York
- Current Employer: Currently Not Registered
- Previous Firms: Spartan Capital Securities, LLC, Legend Merchant Group, Inc., and Jesup & Lamont Securities Corp
- Number of Known Customer Complaints: 5
- Number of Known Financial Events: 1
- Can Robert Tractenberg Be Sued: Yes, in Private Arbitration
- Can Robert Tractenberg ’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $52,051
- Highest Settlement: $17,000
If you have suffered investment losses by Robert Tractenberg , we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Tractenberg For Broker Misconduct
As of this publication date, Robert Tractenberg has been the subject of 1 financial event and 5 customer disputes. Let’s review them below.
In January 2020, a FINRA arbitration was filed against or in reference to Robert Tractenberg by a customer of Spartan Capital Securities, LLC alleging misrepresentation and unsuitable recommendations. Per the customer, he/she lost over $52,051 because of Mr. Tractenberg ’s actions. On February 22, 2022, Mr. Tractenberg settled the claim for $5,700, and some or all of this amount may have been paid by Mr. Tractenberg ’s employer and/or insurance carrier.
In November 2016, Mr. Tractenberg Filed for Bankruptcy at United States Bankruptcy Court.
In August 2015, a FINRA arbitration was filed against or in reference to Robert Tractenberg by a customer of Spartan Capital Securities, LLC alleging unsuitability, unauthorized trading, breach of fiduciary duty and misrepresentation resulting in damages of $41,842. Per the customer, he/she lost over $41,842 because of Mr. Tractenberg ’s actions. An arbitration panel found that Robert Tractenberg was negligent and awarded $41,842 in favor of the customers.
In October 1998, a NASD arbitration was filed against or in reference to Robert Tractenberg by a customer of Josephthal & Co., Inc. alleging unsuitable transactions in the client’s account relevant to activity that occurred during Mr. Tractenberg’s employment with Josephthal & Co., Inc. resulting in damages. Per the customer, he lost over $49,330.37 because of Mr. Tractenberg’s actions. On February 10, 2000, Mr. Tractenberg settled the claim for $17,000, and some or all of this amount may have been paid by Mr. Tractenberg ’s employer and/or insurance carrier.
In February 1998, a complaint was filed against or in reference to Robert Tractenberg by a customer of Josephthal & Co., Inc. alleging that Mr. Tractenberg failed to notify the client of the performance of his account which resulted in damages. Per the customer, he lost over $9,706.08 because of Mr. Tractenberg’s actions.
In February 1998, a complaint was filed against or in reference to Robert Tractenberg by a customer of Josephthal & Co., Inc. alleging that the client was concerned of the performance of his account which dropped without his broker contacting him of the situation resulting in damages. Per the customer, he lost over $9,008.50 because of Mr. Tractenberg’s actions.
How To File A Claim Against Robert Tractenberg (previously with Spartan Capital Securities, LLC, Legend Merchant Group, Inc., and Jesup & Lamont Securities Corp) To Get Your Money Back
If you have questions about Robert Tractenberg, Spartan Capital Securities, LLC, Legend Merchant Group, Inc., Jesup & Lamont Securities Corp, 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.