It is with a heavy heart that we report on a serious allegation against a renowned investment advisor, Chuck Roberts, and his firm, STIFEL, NICOLAUS & COMPANY, INCORPORATED. The allegation, lodged on 6/9/2023, is currently pending and involves a hefty sum of $5,000,000.00. The claimants are alleging a breach of fiduciary duty, negligence, fraud, breach of contract, and violation of the Florida securities and investor protection act.
Unpacking the Allegation
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Let’s break down the charges. A breach of fiduciary duty implies that the advisor did not act in the best interest of his clients. Negligence suggests a failure to provide the standard of care that a reasonably prudent person would have done in the same situation. Fraud, a serious accusation, infers deceitful conduct for personal or financial gain. A breach of contract indicates a failure to fulfill the terms of a contract. Lastly, the violation of the Florida securities and investor protection act suggests non-compliance with the laws designed to protect investors in Florida.
Investigation by Haselkorn & Thibaut
Given the gravity of the situation, the case is currently under investigation by the law firm Haselkorn & Thibaut. This firm is offering a free consultation to clients who may have been affected by these allegations. Their team of experts is working diligently to uncover the truth and hold those responsible accountable.
Role of FINRA Arbitration
It’s important to note that the Financial Industry Regulatory Authority (FINRA) Arbitration can play a pivotal role in helping investors recover losses. This process offers a quicker, less formal, and typically less expensive means of resolving disputes compared to traditional litigation.
About Haselkorn & Thibaut
- Haselkorn & Thibaut is a national investment fraud law firm with offices in Florida, New York, North Carolina, Arizona, and Texas.
- They boast over 50 years of experience in the field.
- The firm has a remarkable 98% success rate in financial recoveries for investors.
- They offer a “No Recovery, No Fee” policy, which means you won’t be charged unless they successfully recover your losses.
If you believe you have been affected by this or any other investment fraud, don’t hesitate to reach out to Haselkorn & Thibaut for a free consultation at 1-800-856-3352. Remember, you are not alone, and there are resources available to help you recover your losses.
