Soreide Law Group is addressing the concerns of individuals who may have experienced financial losses due to the conduct of Robert Wyla Melberth [CRD: 4775230, Sarasota, Florida]. Melberth, previously associated with Emerson Equity LLC from July 22, 2020, to April 10, 2023, has been involved in several investor disputes during his time in the securities industry. The following information contains a summary of the disclosures related to Melberth’s activities.
Particularly, on October 19, 2022, an investor of Emerson Equity LLC filed FINRA Arbitration No. 22-02300 against Robert Melberth. The investor accused Melberth of breaching a fiduciary duty, breaching a contract, and violating FINRA rules. The allegations concern corporate bonds. The investor is seeking $3,276,000 in compensation from Emerson Equity LLC or Melberth, and this case is awaiting a decision.
Notably, on September 23, 2022, an investor challenged Robert Melberth's sales practices by initiating FINRA Arbitration No. 22-02173. This investor claimed that Melberth was negligent and breached a contract, leading to damages involving corporate bonds. The investor is seeking $728,000 in damages from either Emerson Equity LLC or Melberth, with this case still in progress.
An Aegis Capital Corp. client lodged a complaint against Robert Melberth through FINRA Arbitration No. 22-02301. The client alleged that Melberth breached a fiduciary duty, breached a contract, was negligent, and inappropriately induced the client to hold an investment. These actions reportedly caused damages relating to alternative investments. On August 30, 2023, Aegis Capital Corp. settled this matter by paying the client $999,999 in damages.
Specifically, an Aegis Capital Corp. client contested the sales practices of Robert Melberth through FINRA Arbitration No. 22-02188. The allegations against Melberth include inadequate due diligence, breach of contract, unsuitable recommendations, and breach of fiduciary duty. These actions reportedly led to damages on alternative investments. Aegis Capital Corp. resolved this matter on November 2, 2023, by compensating the client with $235,000.
On September 23, 2022, another Aegis Capital Corp. client filed FINRA Arbitration No. 22-02186 against Robert Melberth. The client accused Melberth of inadequate due diligence, unsuitable advice, breach of fiduciary duty, and breach of contract, resulting in damages on alternative investments. Therefore, the client is seeking $2,482,000 in compensation from Aegis Capital Corp. or Melberth. This case is still pending resolution.
Specifically, on July 1, 2022, a client of Emerson Equity LLC and Melberth Capital filed FINRA Arbitration No. 22-01478 against Robert Melberth. The client's allegations include breaching a fiduciary duty, violating regulatory rules, and negligence, which reportedly caused damages. The client is seeking $2,100,000 in compensation from Emerson Equity LLC or Melberth, with this case still ongoing.
Have you incurred losses due to the actions of Robert Melberth? If yes, consider reaching out to Soreide Law Group online or at (888)760-6552 for a consultation with a securities attorney about potentially recovering your investment losses. Soreide Law Group supports investors nationwide and operates on a contingency fee basis, advancing all necessary costs. Robert Melberth and his former employer, Emerson Equity LLC, refute any allegations of sales practice violations.
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