Investors Seek Over $7 Million in Damages in Disputes with Robert Melberth

Robert Melberth (CRD #: 4775230), a broker registered with Emerson Equity, is the subject of several pending disputes, according to his BrokerCheck record, accessed on November 30, 2022. Investors may have also engaged his services through Melberth Capital. If you have questions about his conduct as a broker, keep reading.

Investor Disputes

According to allegations filed on October 27, 2022, Robert Melberth allegedly recommended unsuitable investments and breached his contract. The investor is seeking $2.48 million. 

On October 19, 2022, an investor alleged Robert Melberth engaged in negligence and fraudulently induced the client to hold an investment. The client seeks $3.27 million in this pending dispute.

On September 23, 2022, an investor alleged Robert Melberth engaged in negligence and fraud. He allegedly breached his contract. The investor is seeking $728,000 in this pending dispute. 

A pending dispute filed on July 1, 2022, alleged Robert Melberth violated NYSE rules, breached his contract, and engaged in negligence. The client seeks $2.1 million in damages.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 2111 

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must consider an investor’s risk tolerance, age, tax status, and other information described in their profile when recommending investments.

What is broker negligence?

Brokers can act in many negligent ways. Typical examples include misrepresenting or omitting material facts, giving unsuitable investment recommendations, and executing unauthorized trades.

Investors who feel their losses are the result of broker negligence can pursue FINRA arbitration and potentially recover their funds.

Background Information

Robert Melberth has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 31 – Futures Managed Funds Examination
• Series 7 – General Securities Representative Examination

Robert Melberth is a registered broker in Florida, Maryland, Michigan, Pennsylvania, and Wisconsin. He is also a registered investment adviser in Florida.

He has also worked for the following firms:

• Aegis Capital Corporation (CRD#:15007)
• JHS Capital Advisors (CRD#:112097)
• GunnAllen Financial (CRD#:17609)
• Morgan Stanley & Company (CRD#:8209)
• Morgan Stanley (CRD#:7556)
• SPC (CRD#:110692)
• Sigma Financial Corporation (CRD#:14303)

Kurta Law Can Help

If you worked with Robert Melberth 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.