Robert Rebussini Allegedly Recommended Unsuitable Energy Investments

Robert Rebussini (CRD #: 1622141), a broker registered with LPL Financial, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on May 2, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On February 16, 2024, an investor alleged that Robert Rebussini recommended unsuitable oil and gas investments. Energy investments are often unsuitable due to their high risk. The investor is seeking $150,000. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

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

Background Information 

Robert Rebussini has passed the following exams:

• Series 66 – Uniform Combined State Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 

He is a registered broker in 22 states and D.C. He is a registered investment adviser in Rhode Island. 

During his 37 years of experience, Robert Rebussini has registered with the following firms: 

• LPL Financial (CRD #: 6413) 
• Integrated Wealth Concepts (CRD #: 284656) 
• Lincoln Financial Advisors Corporation (CRD #: 3978) 
• New England Securities Corporation (CRD #: 615) 
• Veravest Investment Advisors (CRD #: 105796) 
• Veravest Investments (CRD #: 3960) 
• Pruco Securities (CRD #: 5685) 

Kurta Law Can Help 

If you have worked with Robert Rebussini 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.