Soreide Law Group is investigating possible investor claims against securities broker Robert W. Strang III [CRD: 3271839, Westfield, New York]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Equitable Advisors LLC. Here is a brief summary of the disclosures about Strang. Bear in mind that the broker denies the allegations against him.
Particularly, a client of Equitable Advisors LLC contested Robert Strang’s sales practices, according to a complaint dated May 4, 2023. Allegedly, Strang told the client that they purchased lifetime annuities when one of those annuities terminated. Supposedly, Strang caused the client to sustain damages on variable annuities. Therefore, the client seeks compensatory relief from Equitable Advisors LLC or Strang. However, the securities firm and broker denied this complaint.
Also, a Next Financial Group Inc. client filed FINRA Arbitration: 17-02816 about Robert Strang. Namely, the client alleged that Strang recommended investments which poorly performed. Because of this, the client allegedly sustained damages on corporate bonds. Therefore, on March 19, 2018, Next Financial Group Inc. settled this matter by paying the client $13,673 in damages.
Robert Strang worked for Equitable Advisors LLC from 2000 to 2013 as a securities broker and from 2009 to 2013 as a financial advisor. He joined Next Financial Group Inc. as a securities broker and financial advisor on May 20, 2013.
Did you sustain losses through Robert Strang? If so, contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group, a firm that has recovered money for investors throughout the country, represents clients on a contingency fee basis and advances all costs. Strang and brokerage firms Strang worked for deny accusations of sales practice violations.
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