Were you the victim of former Presidential Brokerage, Inc. broker Robert Stanlick (CRD# 2411358)? Stanlick has been registered with Geneos Wealth Management, Inc. in Colorado Springs, Colorado since 2017. Previously, Stanlick was registered with Presidential Brokerage, Inc. in Colorado Springs, Colorado from 2004 to 2017.
Stanlick has been the subject of three customer complaints between 2002 and 2021, according to his CRD report. The most recent complaints are regarding:
- March 2021. “Boilerplate allegations include breach of fiduciary duty, negligence and unsuitability between May 2012 and January 2021.” The customer is seeking $110,000 in damages and the case is currently pending. The complaint is regarding variable annuities, non-traded real estate investment trusts (REITs), and business development companies (BDCs) and the complaint took place while Stanlick was registered with Forta Financial Group, Inc. (aka Presidential Brokerage, Inc.).
- March 2020. “The allegations include failure by the firm to do proper due diligence in addition to the standard boiler plate allegations of unsuitable recommendations, negligence, misrepresentation and omissions and breach of fiduciary duty between April 2014 and February 2020.” The customer case is currently pending.
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, Presidential Brokerage, Inc. may be liable for investment or other losses suffered by Stanlick’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.