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Options for Clients of IBN Financial Services, Inc. Broker Robert Star

Posted on Wednesday, December 22nd, 2021 at 12:24 am    

IBN Financial Services

Were you the victim of IBN Financial Services, Inc. broker Robert Star (CRD# 3235830)? Robert Star has been registered with IBN Financial Services, Inc. in Bluffton, South Carolina since 2017. 

Robert Star Faces Customer Complaints

Robert Star has been the subject of three customer complaints between 2001 and 2020, according to his CRD report. The most recent complaint is regarding: 

October 2020. “Negligence, Misrepresentation, Breach of Fiduciary Duty.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint was regarding direct investments and took place while Robert Star was registered with IBN Financial Services, Inc.

April 2016. “Star was a subject of the customer’s complaint against his member firm that asserted the following causes of action: unsuitability; continuing fraud; failure to supervise; violation of common law fraud; breach of fiduciary duty; negligent failure to supervise; and negligence.” The customer is seeking $499,999 in damages and the case is currently pending. The complaint was regarding real estate securities, private placements, and high-risk alternative investments and the complaint was regarding EDI Financial, Inc.

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, IBN Financial Services, Inc. may be liable for investment or other losses suffered by Robert Star’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.