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Robert Fross Of LPL Financial And Formerly With SII Investments Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Robert Fross of LPL Financial?

Robert Fross (CRD #4509851) who is currently registered with LPL Financial and located in The Villages, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to LPL Financial, Robert Fross was associated with SII Investments and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Robert Fross Customer Complaints

Robert Fross has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Robert Fross’ 4 customer complaints was settled in favor of investors. Two of Robert Fross’ customers’ complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against SII Investments for investment losses caused by Robert Fross’ alleged misconduct.

Allegations Against Robert Fross

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Claimant alleged unsuitability in connection with a REIT purchase made at SII investments by Robert Fross.
  • Client alleged she wanted no risk and felt the two annuity contracts allegedly purchased by Robert Fross were unsuitable and could not get out due to early withdrawal penalty.
  • Clients alleged Robert Fross’ unsuitable and inappropriate investment recommendations involving the switching of annuity contracts and purchase of speculative illiquid REIT.
  • Customer claimed investment recommended by Robert Fross was unsuitable for their IRA.

Robert Fross Red Flags & Your Rights As An Investor

Of course, Robert Fross 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 Robert Fross at LPL Financial and SII Investments on alert to review carefully the activity and performance of their accounts and question whether Robert Fross has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial and SII Investments 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 LPL Financial Due To Robert Fross

If you have questions about LPL Financial, SII Investments, and/or Robert Fross 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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