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Bobb Meckenstock is the Subject of Ponzi Scheme Allegations

Bobb Meckenstock (CRD #: 1152284), a broker registered with Osaic Wealth, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 15, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Dispute

On June 21, 2024, an investor alleged that Bobb Meckenstock recommended that they invest in a private securities transaction that turned out to be a Ponzi scheme. The investor is seeking $154,000. 

Regulatory Actions 

Investors should know that Bobb Meckenstock has two regulatory actions on his record. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Ponzi schemes violate this rule. 

Background Information 

Bobb Meckenstock has registered with the following firms: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination
  • Series 2 Non-Member General Securities Examination 
  • Series 24 General Securities Representative Examination

He is a registered broker in 32 states and is a registered investment adviser in Kansas. 

During his 41 years of experience, Bobb Meckenstock has registered with ten firms. These are the five most recent: 

  • Osaic Wealth (CRD #: 23131) 
  • The Ameriflex Group (CRD #: 305585) 
  • Main Street Advisors (CRD #: 116303) 
  • Independent Financial Group (CRD #: 7717) 
  • National Planning Corporation (CRD #: 29604) 

Kurta Law Can Help 

If you have worked with Bobb Meckenstock and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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