Investors potentially experienced sales practice violations by securities broker Charles Robert Cobb [CRD: 1505020, Lynchburg, Virginia], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Cobb worked for Newbridge Securities Corporation from September 7, 2017, to May 31, 2022. See below to learn more about disclosures involving Cobb and allegations referenced in FINRA BrokerCheck.
Evidently, a Newbridge Securities Corporation client filed FINRA Arbitration No. 25-01780 about Charles Cobb. Primarily, the client alleged that Cobb made unsuitable recommendations involving GWG alternative investments. Because of this, the client allegedly sustained damages. As a result, on March 10, 2026, Newbridge Securities Corporation settled this matter by paying the client $16,000.
Also, FINRA issued Case: 2012032740401 on April 19, 2016 sanctioning Charles Cobb. Allegedly, Cobb participated in private securities transactions totaling $486,168 in sales without providing prior written notice to his member firm regarding his role in the transactions or the compensation he could receive. FINRA also alleged that Cobb inaccurately stated on compliance acknowledgments that he had not engaged in private securities activities away from the firm. Consequently, Cobb was suspended for three months and ordered to pay a $5,000 fine.
Did you suffer any investment-related losses because of Charles Cobb? If so, reach out to Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of individuals throughout the US. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Cobb and brokerage firms Cobb worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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