The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Brian Roth AKA Brian Robert Roth [CRD#: 4607595, Morristown, NJ]. Evidently, investors disputed the sales practices of the securities broker, who worked for Newbridge Securities Corporation. Additionally, the securities broker discloses a regulatory enforcement action. However, Roth denies the allegations of sales practice violations. Read on to learn more about the allegations against Roth.
Newbridge Securities Corporation Investor Accuses Brian Roth Of Breach Of Contract
Evidently, on June 15, 2022, a Newbridge Securities Corporation client filed FINRA Arbitration #. 22-01343 about Brian Roth. Namely, the client alleged that Roth made unsuitable transactions, failed to supervise, violated FINRA rules, and breached a contract. Because of this, the client allegedly sustained damages on alternative investments. Therefore, the client requested $1,500,000 in compensation from Newbridge Securities Corporation or Roth. Evidently, this arbitration is pending a resolution.
International Assets Advisory Investor Accuses Roth Of Breach Of Fiduciary Duty
Also, an International Assets Advisory client filed FINRA Arbitration #. 20-01172 about Brian Roth. Namely, the client alleged that Roth breached a fiduciary duty, breached a contract, violated FINRA rules, failed to supervise, and was negligent. Because of this, the client allegedly sustained damages on direct investments (DPPs and LPs). Therefore, on April 2, 2020, International Assets Advisory settled this matter by paying the client $100,000.
FINRA Sanctions John Thomas Financial Securities Broker For Failure To Comply With An Arbitration Award
Evidently, on September 14, 2018, FINRA issued Case #: 13-00041 sanctioning Brian Roth for infractions. Specifically, FINRA imposed a suspension. Namely, FINRA alleged that Roth failed to comply with an arbitration award or settlement agreement or otherwise confirm compliance with FINRA.
Brian Roth Discloses Excessive Transactions Allegations By John Thomas Financial Client
Also, a client of John Thomas Financial contested Brian Roth’s sales practices by filing FINRA Arbitration #. 13-00041. Allegedly, Roth made excessive and unsuitable transactions and made misrepresentations. Supposedly, stock transactions caused the client to sustain damages. Therefore, John Thomas Financial opted to settle the matter on July 2, 2012.
John Thomas Financial Investor Accuses Roth Of Unauthorized Transactions
Additionally, a John Thomas Financial client filed FINRA Arbitration #. 11-04490 about Brian Roth. Namely, the client alleged that Roth made unauthorized transactions and churned the client’s account. Because of this, the client allegedly sustained damages on over-the-counter equities and stocks. Therefore, on December 15, 2011, John Thomas Financial settled this matter by paying the client $85,000.
Brian Roth worked for Aeon Capital in New York, NY, as a securities broker from October 17, 2018 to December 18, 2018. Roth has been associated with Newbridge Securities Corporation in Morristown, NJ, as a securities broker since December 19, 2018.
Damages Resulting From Newbridge Securities Corporation Securities Broker Brian Roth?
Have you suffered damages by investing with Brian Roth? If so, reach out to Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has effectively recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Roth and brokerage firms Roth worked for deny any and all allegations of sales practice violations.