Soreide Law Group has come across concerning information in regard to securities broker Norman Arnold Robbins (CRD#: 731352, Boca Raton, Florida). Namely, six investors brought complaints or FINRA Arbitration Claims alleging sales practice violations by Robbins. It appears that recent disputes focus on Robbins’s actions at Summit Brokerage Services, where he worked from 2016 to 2020. Let’s take a closer look at these investor disputes.
Evidently, a client of Summit Brokerage Services brought a FINRA Arbitration Claim in October 2020. Mainly, the client alleges that Norman Robbins caused them to have an improper allocation in commodity funds, real estate investments and energy stocks. Supposedly, this overconcentration led to damages. For this reason, the client asked for $100,000 in damages in this unresolved matter.
Notably, a client of Summit Brokerage Services filed a September 2020 lawsuit about Norman Robbins. First of all, the client contended that Robbins provided bad investment advice. Secondly, the financial advisor supposedly misrepresented and concealed important facts relating to the client’s investments. Thirdly, the client contends that Robbins violated securities rules and firm policy in regard to alternative investment transactions. It seems that the client sustained losses from real estate securities, oil and gas investments and direct investments. For this reason, the client demanded $100,000 in compensation. Evidently, this FINRA Arbitration Claim awaits a resolution.
Also, in four prior disputes about Norman Robbins, one or more clients allege unsuitable advice, misrepresentation about trades, breach of fiduciary duty, breach of contract and negligence. It appears that all clients received compensation as a result of bringing those disputes about the broker.
Apparently, Norman Robbins denies accusations of sales practice violations. Lost money by investing with this broker? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with skilled counsel concerning a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered millions of dollars for clients who have sustained losses because of their securities brokers and financial advisors.
CONTACT US
Soreide Law Group is investigating potential investor claims involving Cambridge Investment Research following a FINRA disciplinary action concerning Unit Investment Trust (UIT) recommendations. In April 2026, FINRA censured Cambridge Investment Research after finding supervisory deficiencies involving certain UIT recommendations made to retail clients. Investors who incurred excessive fees, unnecessary costs, or other damages associated with […]
Soreide Law Group is investigating potential investor claims involving Infinity Financial Services after FINRA sanctioned the firm for supervisory failures involving deferred variable annuity exchanges and recommendations. Investors who incurred surrender charges or other losses in connection with variable annuity transactions recommended through Infinity should review the allegations that led to FINRA's disciplinary action against […]
Soreide Law Group is investigating potential investor claims involving losses in NextGenTech Investments LLC, a private fund managed by Sestante Capital LLC that purported to provide investors with economic exposure to shares of private companies, including Anduril Industries. Recent criminal proceedings involving Sestante Capital's manager have raised significant concerns regarding the offering, the representations made […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com