How to Bring a Claim Against Stifel, Nicolaus & Company, Inc. Financial Advisor Robert Cleary
Posted on Friday, September 28th, 2018 at 2:52 pm
Were you the victim of Stifel, Nicolaus & Company, Inc. financial advisor Robert Cleary (CRD# 1505792)? Cleary has been registered with Stifel, Nicolaus & Company, Inc. in New York, New York since 2007.
Cleary has been the subject of two customer complaints between 2016 and 2018, according to his CRD report:
May 2018. “Claimant alleges breach of fiduciary duty, negligence, and breach of contract.” The customer is seeking $300,000 in damages and the case is currently pending. This complaint is regarding closed-end funds (CEFs) and common and preferred stocks.
August 2016. “Client alleges losses due to inappropriate investment recommendations. 3/31/15 through 5/6/15.” The customer sought $70,000 in damages and the case was settled for $40,000.
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, Stifel, Nicolaus & Company, Inc. may be liable for investment or other losses suffered by Cleary’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.