Soreide Law Group is reviewing potential investor claims on behalf of individuals who incurred losses from the actions of Robert Charles Starnes [CRD#: 1429794, Wauwatosa, Wisconsin]. Evidently, Starnes was previously registered as both a financial advisor and securities broker with SA Stone Wealth Management Inc. from December 6, 2019, to May 16, 2023. To understand more about the allegations made against Starnes, continue reading.
On August 31, 2023, a SA Stone Wealth Management Inc. client filed a complaint about Robert Starnes. The client alleged that Starnes misappropriated funds. Supposedly, the client invested $30,000 in September 2021 and an additional $5,000 in August 2022 by writing checks directly to Starnes. In April 2023, the client requested liquidation of these investments but has not received them. The complaint also alleged that the companies listed on statements provided by Starnes have no record of an account or the investments he claimed to have made. The client has requested damages of $35,000. This arbitration is currently pending resolution.
Also, in July 2023, FINRA sanctioned Robert Starnes for refusing to testify in an investigation. This action followed a client complaint. Without admitting to the findings or denying them, Starnes consented to the sanction, which included a permanent bar from the securities industry starting on July 27, 2023.
Notably, SA Stone Wealth Management Inc. disassociated with Robert Starnes on May 16, 2023, due to allegations of violating firm policies related to the acceptance of client funds.
If you experienced damages because of Robert Starnes, consider reaching out to Soreide Law Group or call (888) 760-6552 to discuss potential recovery. Soreide Law Group has successfully recovered losses for investors across the United States, operating on a contingency fee basis and advancing all costs. Starnes and the brokerage firms he worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com