Norman Robbins (CRD #: 731353), a broker and investment adviser registered with Ameriprise Financial Services, is involved in a client dispute over unsuitable investment recommendations, according to his BrokerCheck record, accessed on December 8, 2020. This is the sixth disclosure on Mr. Robbins’ record.
On September 29, 2020, clients alleged that Norman Robbins recommended unsuitable investments and misrepresented certain securities. They further alleged that Mr. Robbins omitted material information and violated the brokerage firm’s policies. The client is seeking $100,000; the dispute is pending.
On July 26, 2001, a client alleged that Norman Robbins made unsuitable investment recommendations. The client sought $70,000; the dispute settled for $9,900.
On January 22, 2001, a client alleged that Mr. Robbins recommended unsuitable investments and made misrepresentations. The client sought $45,000; the client settled for $2,000.
On September 14, 1990, a client alleged Norman Robbins engaged in fraud and was negligent. The client sought $50,000; the dispute settled for $15,000.
On March 12, 1990, Mr. Robbins received a sanction from the State of Maryland for failing to adhere to the Maryland Securities Act.
Norman Robbins has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, and the Series 24 General Securities Principal Examination. He is a registered broker in 25 states and a registered investment adviser in Florida and Texas.
During his 39 years of experience, Norman Robbins has worked at the following nine firms:
- Ameriprise Financial Services (CRD #: 6363)
- Cetera Advisor Networks (CRD #: 13572)
- Summit Financial Group (CRD #:109485)
- Summit Brokerage Services (CRD #: 34643)
- Wachovia Securities Financial Network (CRD #: 11025)
- JW Genesis Securities (CRD #: 33832)
- JW Charles Securities (CRD #: 6631)
- J.T. Morgan & Co. (CRD #: 15655)
- RLR Securities Group (CRD #: 7952)
If Norman Robbins was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email email@example.com for a free case consultation with a securities attorney.