Investor Seeks $1 Million in Damages in Negligence Dispute with Chuck Roberts

Chuck Roberts (CRD #: 2064602), a broker registered with Stifel, Nicolaus & Company, allegedly acted negligently, according to his BrokerCheck record, accessed on January 3, 2023. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On October 24, 2022, an investor filed a dispute alleging that Chuck Roberts engaged in negligence, including negligent misrepresentation, in relation to an outside investment in a hedge fund and investments the client purchased at Stifel, Nicolaus & Company. The client seeks $1 million in damages in this pending dispute.

FINRA Rule 2020

FINRA Rule 2020 bans the use of manipulative, deceptive, or otherwise fraudulent means of influencing investors’ decisions. Misrepresenting material facts related to investments violates this rule.

What is broker negligence?

Brokers may act in many negligent ways, ranging from making unsuitable investment recommendations to engaging in excessive or unauthorized trading.

Investors who feel their losses are the result of broker negligence may be able to recover their funds by seeking out FINRA arbitration. 

Background Information

Chuck Roberts has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 31 – Futures Managed Funds Examination
• Series 7 – General Securities Representative Examination

Chuck Roberts is a registered broker in 30 states, the District of Columbia, and Puerto Rico. He is also a registered investment adviser in Florida, New York, and Texas.

He has also worked for the following firms:

• Morgan Stanley (CRD#:149777)
• Citigroup Global Markets (CRD#:7059)
• Oppenheimer & Company (CRD#:249)
• CIBC World Markets Corporation (CRD#:630)
• M. J. Whitman (CRD#:27870)
• PaineWebber (CRD#:8174)
• Lehman Brothers (CRD#:7506)

Kurta Law Can Help

If you worked with Chuck Roberts and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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.