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As a client, you put your money in the hands of a broker that you can trust. This is why it’s critical to understand everything there is to know about the individual investing your cash. This knowledge might assist you in determining whether or not to work with a certain broker.

If you believe Cheryl Romann has caused you financial harm, we may be able to help you address any concerns or issues you have.


Cheryl Romann Of Intercarolina Financial Services, Inc. And Formerly With Capital Financial Services, Inc. Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Cheryl Romann of Intercarolina Financial Services, Inc.?

Cheryl Romann (CRD #3163696) who is currently registered with Intercarolina Financial Services, Inc. and located in Perham, Minnesota is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Intercarolina Financial Services, Inc., Cheryl Romann was associated with Capital Financial Services, Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Cheryl Romann Customer Complaints

Cheryl Romann has been the subject of 4 customer complaints that we know about, 1 of those complaints was filed in the last year to recover investment losses. There are currently 4 pending customer complaints filed against Cheryl Romann’s former employer Capital Financial Services, Inc. for investment losses caused by the alleged misconduct.

Allegations Against Cheryl Romann

A sample of the allegations made in the FINRA reported federal court and arbitration pending complaints for investment losses are as follows:

  • Breach of fiduciary duty, violation of federal and state securities laws related to oil and gas investments.
  • Violations of federal securities laws, breach of fiduciary duty, and breach of contract related to oil and gas mutual fund investment.
  • Misrepresentation, breach of fiduciary duty and violation of Indiana state securities laws related to variable annuity, oil and gas and REIT investments.
  • Violations of federal securities laws, Minnesota securities act, and FINRA rules related to real estate investments.

Cheryl Romann Red Flags & Your Rights As An Investor

Of course, Cheryl Romann did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Cheryl Romann at Intercarolina Financial Services, Inc. and Capital Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Cheryl Romann has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Intercarolina Financial Services, Inc. and Capital Financial Services, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Intercarolina Financial Services, Inc. Due To Cheryl Romann

If you have questions about Intercarolina Financial Services, Inc., Capital Financial Services, Inc., and/or Cheryl Romann and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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