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Robert Omohundro is Involved in an Alternative Investment Dispute

Robert Omohundro (CRD #: 2415942), a broker registered with Alexander Capital, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on April 23, 2024. Investors should know that this is the sixth investor dispute on his record. 

Investor Disputes 

On March 5, 2024, an investor alleged that Robert Omohundro recommended unsuitable investment strategies in various illiquid alternative investments. 

FINRA Rule 2111 – Unsuitable Illiquid Investments

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Brokers must also consider the investment time horizon and the investor’s liquidity needs – illiquid investments often do not suit a client’s best interests. Investments that do not take these factors into account may be unsuitable. 

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Robert Omohundro has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination
  • Series 24 General Securities Representative Examination 

He is a registered broker in 26 states and Puerto Rico. He is a registered investment adviser in Georgia. 

Kurta Law Can Help 

If you have worked with Robert Omohundro 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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