Investors have reportedly disputed the sales practices of securities broker Robert Kent Hiss [CRD: 1599380, Wichita, Kansas], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hiss has been registered with IFP Securities LLC since May 23, 2019, and has also worked as an investment adviser with Independent Financial Partners since November 8, 2012. Investors should continue reading to discover more about the client disputes and disclosures associated with Hiss’s professional record.
Specifically, an IFP Securities LLC client filed FINRA Arbitration No. 24-01551 concerning Robert Hiss. The client alleged that Hiss made misrepresentations and recommended illiquid, high-risk investments that were unsuitable. Because of this, the client allegedly incurred damages related to corporate bonds including GWG L Bonds. As a result, on May 2, 2025, IFP Securities LLC settled this matter by paying the client $120,707.48 in damages.
Particularly, a client of IFP Securities LLC contested Robert Hiss’s sales practices by filing FINRA Arbitration No. 23-03091. Allegedly, Hiss made misrepresentations and recommended risky investments that were inconsistent with the client’s objectives. It appears that Hiss allegedly caused the client to experience damages linked to corporate bonds. Consequently, IFP Securities LLC opted to settle the matter on March 29, 2024, by paying the client $20,000.
Do you have concerns or questions regarding investments you made with Robert Hiss? You can get in touch with Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Hiss and brokerage firms Hiss worked for deny accusations of sales practice violations.
Did a financial advisor recommend APX New Harmony Partners-D, LP to you? Investors in this oil and gas partnership may have suffered major losses. Soreide Law Group is investigating potential FINRA arbitration claims on behalf of investors who bought this investment through a FINRA-registered brokerage firm. APX New Harmony Partners-D Will Be Dissolved APX Energy […]
Artificial intelligence stocks have attracted tremendous investor interest, but many emerging AI companies also carry significant risk. If your financial advisor recommended shares of Blaize Holdings, Inc. (NASDAQ: BZAI) without fully explaining those risks, you may have options to recover your investment losses through FINRA arbitration. Blaize Holdings develops edge AI computing technology for commercial […]
Federal regulators have settled fraud charges against Phoenix American Hospitality, a Dallas-based manager of hotel investment funds, and its president, William Lee "Perch" Nelson. According to the Securities and Exchange Commission (SEC), the company raised approximately $86 million from more than 2,000 retail investors. They allegedly made false statements about the funds' hotel holdings and […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com