Structured Product Loss Attorneys

INVESTOR ALERT: Clients of Stifel Nicolaus Financial Advisor Chuck Roberts File $38,100,000 In Broker Fraud Lawsuits. 

SSEK Structured Product Loss Attorneys Represents Structured Product Investors in Pursuing Damages

More than one year, after our investment loss recovery lawyers began investigating claims of losses by customers of Stifel, Nicolaus stockbroker Chuck A. Roberts, the number of FINRA arbitration claims filed by those seeking damages, has skyrocketed. According to Roberts’ CRD, there are at least 16 pending investor loss cases involving this financial advisor and the money being sought is now collectively over $38,000,000. There are 21 disclosures in total on his record. Meantime, Roberts remains a registered representative with Stifel where he has worked as a broker and/or investment adviser for the last seven years. Reports indicate that he is based out of New York City and/or Miami Beach, Florida.

These slew of FINRA lawsuits alleging broker misconduct appear to involve the sale of structured notes. High-risk investment performance is usually tied to an underlying asset, such as a certain index or a stock. Underwritten by Wall Street banks and a bond-derivative hybrid, structured notes can be volatile, and they don’t always come with principal protection. This could mean a total loss for some investors if their investment does poorly.

While structured products can allow even retail investors to become involved in investment strategies they wouldn’t normally have access to, that does not mean they are a suitable investment recommendation for every investor. That said, many of those who have filed structured product loss lawsuits involving Roberts are wealthy investors.

In their FINRA arbitration claims, his customers are alleging negligence, broker fraud, breach of fiduciary duty, churning, reverse churning, unauthorized trading, breach of contract, and misrepresentations. The majority of the investment loss recovery lawsuits are seeking $1,000,000 to $5,000,000.

How Can Our Savvy Structured Product Loss Attorneys Help? 

If you suffered serious structured note losses while working with Stifel, Nicolaus & Co. stockbroker Chuck Roberts, or any other financial advisor, Shepherd Smith Edwards and Kantas (investorlawyers.com) would like to offer you a free, no-obligation case assessment to explore your legal options. While not all investor losses are caused by the wrongful or careless actions of broker-dealers and their registered representatives, too many of them are a result of stockbroker misconduct. We have the skills, knowledge, and experience not just to determine the cause of our portfolio losses but also to provide you with solid securities representation.

For so many investor brokers to file such huge structured product loss claims while working with the same broker is gravely concerning. Whether or not Stifel knew about any alleged misconduct or negligence by Roberts, you still may be able to hold the broker-dealer liable.

These are huge investor losses we are talking about. The consequences for those who have been harmed is devastating. You want to work with trusted structured product attorneys who have the resources needed to maximize your chances for a full recovery and are committed to fighting for you.

More than 90% of our clients have received full or partial financial recovery. That is thousands of investors collectively getting many millions of dollars with our help.

How Our Team of Structured Product Loss Attorneys:

Call (800) 259-9010 or contact us online.