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 Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com