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Robert Luley Of Pruco Securities And Formerly With Madison Avenue Securities Has 6 Customer Complaints For Alleged Broker Misconduct

Who is Robert Luley of Pruco Securities?

Robert Luley (CRD #4176139) who is currently registered with Pruco Securities and located in Charlotte, North Carolina is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, Robert Luley was associated with Madison Avenue Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Robert Luley Customer Complaints

Robert Luley has been the subject of 6 customer complaints that we know about, four of those complaints were filed in the last year to recover investment losses.  Four of Robert Luley’s 6 customer complaints were settled in favor of investors. There are currently two pending customer complaints filed against Madison Avenue Securities for investment losses caused by Robert Luley’s alleged misconduct.

Allegations Against Robert Luley

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

  • Multiple Claimants in separate arbitration proceedings alleged Robert Luley’s failure to conduct Due Diligence on several points, unsuitable recommendation, over concentration, misrepresentations and omissions in violation of FINRA and SEC regulations in the sale of alternative investments.
  • Claimants alleged unsuitable recommendation of GPB by Robert Luley.
  • Robert Luley’s alleged unsuitable recommendation re: GPB Automotive.

Robert Luley Red Flags & Your Rights As An Investor

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

If you have questions about Pruco Securities, Madison Avenue Securities, and/or Robert Luley 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.

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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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