The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Franz Lambert AKA Franz Helmut Lambert II [CRD#: 4463792, New York, NY]. Evidently, investors disputed the sales practices of the securities broker, who worked for Worden Capital Management. Additionally, the securities broker discloses a regulatory enforcement action. However, Lambert denies the allegations of sales practice violations. Read on to learn more about the allegations against Lambert.
Evidently, a Worden Capital Management client filed a complaint about Franz Lambert. Notably, the client alleged that Lambert made unsuitable transactions, made misrepresentations and omissions, churned the client’s account, violated securities laws, breached a contract, and breached a fiduciary duty. Because of this, the client sustained damages on stocks. Therefore, on April 5, 2022, Worden Capital Management settled this matter with the client.
Also, a client of Worden Capital Management contested Franz Lambert’s sales practices by filing FINRA Arbitration #: 19-01580. Allegedly, Lambert was negligent, made unsuitable transactions, breached a fiduciary duty, breached a contract, made misrepresentations, and made omissions. Supposedly, the over-the-counter equities and stocks which Lambert sold or recommended had caused the client to sustain damages. Therefore, Worden Capital Management opted to settle the matter on September 1, 2020 by compensating the client in the amount of $29,999.98.
Evidently, a Worden Capital Management client filed FINRA Arbitration #: 19-02523 about Franz Lambert. Namely, the client alleged that Lambert breached a fiduciary duty, was negligent, failed to supervise, acted unethically, churned the client’s account, made unauthorized transactions, and violated securities laws. Because of this, the client sustained damages on over-the-counter equities and stocks. Therefore, on August 29, 2019, the client asked Worden Capital Management for $781,500.57. This matter is ongoing.
Also, a client of Investors Capital Corp. contested Franz Lambert’s sales practices, according to a complaint dated October 28, 2009. Allegedly, Lambert made unauthorized transactions, churned the client’s account, and made excessive transactions. Supposedly, the stocks which Lambert sold or recommended had caused the client to sustain damages. Therefore, the client seeks compensatory relief from Investors Capital Corp. or Lambert in the amount of $40,000 in this ongoing matter.
Evidently, a client of Vfinance Investments contested Franz Lambert’s sales practices, according to a complaint dated June 5, 2009. Allegedly, Lambert made unauthorized transactions. Supposedly, the stocks which Lambert sold or recommended had caused the client to sustain damages. Therefore, the client asked for compensatory relief from Vfinance Investments or Lambert in the amount of $8,547.02. However, this complaint was denied.
Supposedly, from November 2016 through June 2019, Lambert excessively traded a client's account while associated with Worden Capital Management LLC. Specifically, Lambert recommended that the client engage in high-frequency trading, resulting in Lambert executing 200 trades in the client’s account. This caused an annualized cost-to-equity ratio of 67.63% and an annualized turnover rate of 15.10. Lambert’s recommendations resulted in the client being charged $289,660.00 in commissions, $308,983.00 in trading costs, and realizing losses in the amount of $320,906.00. FINRA determined found that Lambert’s trading was excessive and unsuitable. As a result, Lambert violated FINRA Rules 2010 and 2111.
Have you sustained damages by investing with Franz Lambert? If so, contact Soreide Law Group at (888) 760-6552 to talk with a securities attorney about a possible recovery of your investment losses. Notably, Soreide Law Group has successfully recovered money for investors in all 50 states. The firm represents clients on a contingency fee basis and advances all costs. Lambert and brokerage firms Lambert was employed by deny any and all allegations of sales practice violations.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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