Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors apparently complained about securities broker Robert Ronald Obraitis [CRD: 2124486, Lansdowne, Virginia], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Obraitis worked for Cambridge Investment Research Inc. and Cambridge Investment Research Advisors Inc. from February 21, 2014, to April 17, 2025, and has been registered with Summit Financial LLC since April 15, 2025, and Purshe Kaplan Sterling Investments since April 16, 2025. Read on to discover more about Obraitis’s disclosures.
Evidently, a client of Cambridge Investment Research Inc. disputed Robert Obraitis’s sales practices, according to a complaint dated December 2, 2025. Allegedly, Obraitis the broker made unsuitable recommendations and made misrepresentations. It appears that Obraitis allegedly caused the client to sustain damages related to variable annuities. As a result, the client sought compensation from Cambridge Investment Research Inc. or Obraitis in the amount of $900,000 in this matter. However, the firm denied this complaint.
Particularly, on September 5, 2025, a Cambridge Investment Research Inc. client filed a complaint about Robert Obraitis. Mainly, the client alleged that Obraitis the broker made unsuitable recommendations and executed an unauthorized transaction. For this reason, the client allegedly incurred damages connected to variable annuities. Therefore, the client requested $175,567.97 in compensation from Cambridge Investment Research Inc. or Obraitis. However, the firm denied this complaint.
Also, on November 4, 2024, a Cambridge Investment Research Inc. client filed a complaint about Robert Obraitis. Primarily, the client alleged that Obraitis mismanaged the client’s IRA accounts. Because of this, the client allegedly incurred damages linked to mutual funds. Consequently, the client requested $100,000 in compensation from Cambridge Investment Research Inc. or Obraitis. However, the firm denied this complaint.
Additionally, a client of F.N. Wolf contested Obraitis’s sales practices by filing NASD Arbitration No. 94-02078. Allegedly, Obraitis made misrepresentations, engaged in unsuitable recommendations, made omissions, was negligent, breached a contract, and violated NASD rules. It appears that Obraitis allegedly caused the client to sustain damages connected to stocks. As a result, NASD Arbitrators issued an Award dated May 30, 1997 compelling Obraitis to compensate the client in the amount of $19,280.
Did you suffer any investment-related losses because of Robert Obraitis? You can contact Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, our securities lawyers work on a contingency fee basis and advance all costs. Obraitis and brokerage firms Obraitis worked for deny accusations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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