Soreide Law Group is actively investigating potential claims on behalf of investors who sustained losses due to securities broker Robert Turley (CRD: 1519293, New Port Richey, Florida). Specifically, Turley started working for Independent Financial Group, LLC beginning in June 13, 2005. His BrokerCheck Report shows disclosures of unsuitable investment allegations from clients of this firm. Evidently, these claims involve recommendations in non-traded REITs and other investment vehicles that were purportedly unsuitable for the clients' financial profiles. Moreover, prior to his employment with Independent Financial Group, LLC, Turley was also linked with Sentra Securities Corporation, where he faced a complaint related to insurance premiums.
Specifically, a client of Independent Financial Group, LLC contested Robert Turley's sales practices by filing FINRA Arbitration: 21-02192. Supposedly, Turley advised the client to invest in a non-traded REIT that was not suitable for the client's financial profile. It appears that the client sustained alleged damages amounting to $76,700. Therefore, Independent Financial Group, LLC opted to settle the matter on February 23, 2023, by compensating the client in the amount of $50,000.
Supposedly, on March 30, 2021, an Independent Financial Group, LLC client filed a complaint about Robert Turley. The client alleged that Turley recommended an unsuitable investment in non-traded REITs. Additionally, the client claimed to have incurred damages of $50,000 due to this advice. As a result, on March 21, 2023, Independent Financial Group, LLC settled the case by paying the client $26,500 in damages.
Particularly, a client of Independent Financial Group, LLC challenged Robert Turley's investment recommendations by initiating FINRA Arbitration: 19-03410. The client alleged that Turley suggested high-risk and unsuitable investments in REITs between 2012 and 2015. Notably, the client claimed to have suffered $102,000 in damages. Therefore, the matter was settled on February 4, 2021, with Independent Financial Group, LLC compensating the client $10,000.
Moreover, on August 11, 2005, a Sentra Securities Corporation client filed a complaint about Robert Turley. The client claimed that Turley misled him by stating there would be no premium charged for a rider purchased on insurance coverage. Consequently, the complaint was denied on July 21, 2006, without any settlement.
If you have encountered financial losses due to dealings with Robert Turley, you may have a potential claim. Did you experience losses because of Robert Turley? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered money for investors throughout the United States, works on a contingency fee basis, and advances all costs. Turley and the brokerage firms he worked for deny accusations of sales practice violations.
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