Stiefel’s Chuck Roberts Involved in $1 Million Complaint

On October 24, 2022, FINRA reported that Stiefel Nicolaus broker Chuck Roberts (CRD #2064602[1]) was involved in a customer dispute involving $1 million.   If you or someone you know lost money investing with Stiefel Nicolaus or Chuck Roberts, contact our attorneys [2]at 800-767-8040 for a free and confidential consultation. We are investigating customer arbitration claims related to Mr. Roberts’ activities at Stiefel. Please call for a free consultation.

Complaint Involves a Hedge Fund Investment

On October 24, 2022, an investor filed a complaint involving Chuck Roberts and Stiefel Nicolaus.  The complaint alleges negligence, breach of FINRA rules and breach of fiduciary duty.  The investor is seeking $1 million and the investment involves a hedge fund that was purchase outside of Stifel.

Chuck Roberts 2010 Customer Award  

Chuck Roberts has been associated with Stiefel Nicholas in New York since 2016.  Prior to that, he was associated with Morgan Stanley.  In 2010, while registered with Morgan Stanley, a customer was awarded $202,228 in damages following an arbitration hearing before FINRA. The arbitration concerned unsuitable and unauthorized trades made in the customer’s account.

More About FINRA BrokerCheck

The information for this post is based on Mr. Roberts’ BrokerCheck report, last accessed on March 9, 2023. FINRA BrokerCheck is a free online tool that allows investors to research and verify the background and professional qualifications of brokers, brokerage firms, and investment advisors that are registered with the Financial Industry Regulatory Authority (FINRA). BrokerCheck provides information on the registration, employment history, licensing, and disciplinary record of brokers, brokerage firms, and investment advisors. This information can be used by investors to make informed decisions about whom to trust with their investments.

Did You Lose Money Investing with Chuck Roberts?

MDF Law is investigating FINRA arbitration complaints against Stiefel and Mr. Roberts. FINRA arbitrations are a dispute resolution process used by the Financial Industry Regulatory Authority (FINRA) to resolve disputes between investors, brokers, and brokerage firms. FINRA arbitration is a non-judicial process in which a neutral third party, called an arbitrator, decides the outcome of the dispute.