Rodger Sprouse In Investor Disputes

Soreide Law Group is investigating possible investor claims against securities broker Rodger Sprouse [CRD#: 5483578, Lee's Summit, Montana]. Specifically, FINRA BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Titan Securities and Evolve Securities. Evidently, one or more clients allege sales practice violations in these disputes, including unsuitable recommendations. Here is a brief summary of the disclosures about Sprouse. However, please note that the securities broker denies the allegations.

Titan Securities Client Accuses Rodger Sprouse Of Unsuitable Recommendations

Evidently, on May 16, 2022, a Titan Securities client filed FINRA Arbitration #: 22-01005 about Rodger Sprouse. Specifically, the client alleged unsuitable recommendations. Because of this, the client allegedly sustained damages relating to purchases or sales of corporate bonds and asset-backed bonds. Therefore, the client requested $50,000 in compensation from Titan Securities or Sprouse. Evidently, this arbitration is pending a resolution.

Client Alleges That Sprouse Caused Damages

Also, on April 1, 2020, a Titan Securities client filed a complaint about Rodger Sprouse. Specifically, the client alleged unspecified sales practice violations. Because of this, the client allegedly sustained damages relating to purchases or sales of structured cash flow. Therefore, on April 6, 2020, Titan Securities settled this matter by paying the client $43,000. Still, the broker denies the allegations against him.

Titan Securities Client Alleges Sprouse Engaged In Outside Business Activities

In addition, a client of Titan Securities contested Rodger Sprouse's sales practices on February 20, 2019. Notably, accusations concern his outside business activities. Allegedly, the structured cash flows that Sprouse sold or recommended resulted in damages. Therefore, Titan Securities opted to settle the matter on October 4, 2019, by compensating the client in the amount of $158,000.

Evolve Securities Client Accuses Sprouse Of Omissions

Evidently, on May 1, 2013, an Evolve Securities client filed a complaint about Rodger Sprouse. Specifically, the client alleged omissions. Because of this, the client allegedly sustained damages relating to purchases or sales of viatical settlements. Therefore, the client requested $100,000 in compensation from Evolve Securities or Sprouse. However, the firm denied this dispute.

Rodger Sprouse Allegedly Causes Damages To Stonehurst Securities Client

Further, a client of Stonehurst Securities contested Rodger Sprouse's sales practices, according to a complaint dated January 28, 2011. Notably, accusations against the securities broker include inappropriate investments. Allegedly, the life settlements that Sprouse sold or recommended resulted in damages. Therefore, Stonehurst Securities opted to settle the matter on December 5, 2011, by compensating the client in the amount of $46,748.60.

Did Sprouse Cause You To Experience Damages?

Have you experienced damages by investing with Rodger Sprouse? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Sprouse and the brokerage firms Sprouse has associated with deny any and all allegations of sales practice violations.