Were you the victim of Liberty Capital Investment Corporation broker Robert Walker (CRD# 1501658)? He has been registered with Liberty Capital Investment Corporation in Portland, Oregon, since 2009.
Robert Walker Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
March 2023. “A claim was filed against Liberty Capital Investment Corporation by clients who reside outside of the United States. The claim alleged Liberty Capital permitted extended family members of the account holders to withdraw funds without the account holder’s permission, despite said family members having Power of Attorney and Liberty Capital having signed instructions for the transactions. Robert Walker and Gary Purpura were not named as respondents in the claim, but the claim represented they were the individuals responsible for the accounts at issue. Liberty continues to assert that the claims are false, and that Liberty acted only upon signed documentation for each of the transactions. In order to avoid the expense of further litigation not covered by insurance, Liberty has settled in mediation for a fraction of the original claim without admitting any wrongdoing. Robert Walker and Gary Purpura did not contribute to the settlement.” The customer sought $572,100 in damages, and the case was settled for $150,000.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Liberty Capital Investment Corporation may be liable for investment or other losses suffered by Robert Walker’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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