Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has opened an independent investigation into Robert David Cohen (CRD #1162192), a financial advisor based in Melville, NY, currently registered with Stifel, Nicolaus & Company, Incorporated. If you or a loved one suffered investment losses under his management, you are not alone.
Our firm leverages 95+ years of combined securities law experience as former Wall Street defense attorneys. We aggressively fight for individual investors, relying on our unique insider knowledge to pursue recovery for those affected by broker misconduct and negligence.
Our attorneys are trusted Nationwide-investor-losses/”>Nationwide-investor-losses/”>Nationwide. With a 98% success rate across hundreds of investor claims, $520+ million involved in securities matters, recognition among the Top 2% peer-reviewed (Martindale-Hubbell AV Preeminent), Super Lawyers designations, and 5.0-star client reviews, we offer results-backed advocacy—always on a “No recovery, no fee” basis.
Robert David Cohen: Background and Career Overview
Table of Contents
| Name | Robert David Cohen |
| CRD Number | 1162192 |
| Primary Location | Melville, NY |
| Current Employer | Stifel, Nicolaus & Company, Incorporated |
| Prior Employers | UBS-investor-losses/”>UBS-investor-losses/”>UBS Financial, Morgan Stanley |
| Alias | Bob Cohen, Rob Cohen |
| Can be sued in FINRA Arbitration? | Yes |
| Sanctioned by FINRA? | No |
| Discharged by a prior employer? | Yes |
Red Flags & Complaint History
Due diligence and transparency are crucial when you entrust your assets to a financial advisor. Our review of Robert David Cohen’s BrokerCheck disclosure record and other sources reveals concerning red flags that may affect investors in Melville, NY and beyond.
- Discharged from UBS Financial (September 2018): Cohen’s employment was terminated following an internal investigation by UBS. The firm’s findings included:
- Violation of FINRA rule and firm policies by granting monetary benefits to a firm employee without proper disclosure or approval.
- Providing inaccurate and inconsistent statements during the firm’s internal investigation.
- Providing numerous inaccurate affirmations on annual firm compliance questionnaires.
- Customer Dispute (January 2019): A client alleged that two bonds were purchased in her account without her knowledge. The bonds were unsuitable given her age (90 years old) and maturity dates (30 years), raising suitability and potential exploitation concerns. The client also stated that Cohen took advantage of her age when she tried to liquidate and transfer her account. Though UBS denied this claim in February 2019, such allegations warrant a closer look and may indicate broader patterns of risk for investors.
Specific Allegations of Broker Misconduct
| Date | Allegation | Outcome |
|---|---|---|
| 09/2018 | Terminated following investigation into FINRA rule violation, unauthorized monetary benefits, and false statements/compliance affirmations | Discharged by UBS Financial |
| 01/2019 | Customer alleged unauthorized or unsuitable bond purchases for a 90-year-old client, and taking advantage due to age at the time of attempted liquidation | Claim denied by firm; customer did not pursue FINRA arbitration |
| N/A | Other allegations include general claims of unsuitable investments | No public arbitration or regulatory finding to date |
Investor Rights and FINRA Arbitration
Brokers and brokerage firms—including Stifel, Nicolaus & Company, Incorporated—are legally bound by FINRA Rules 2111, 3110, and Regulation Best Interest. These regulations require:
- A thorough evaluation to ensure each investment is suitable for the client’s needs, age, risk profile, and objectives
- Accurate disclosures and honest communication
- Proper supervision and compliance with firm and industry standards
If any of these standards are breached, investors may seek to recover losses through FINRA arbitration. Our attorneys have the experience, resources, and former defense insider knowledge to hold even the largest broker-dealers accountable for lapses or wrongdoing.
How to Investigate an Advisor’s Record
If you’re considering making a claim, it’s essential to understand your advisor’s complete regulatory and dispute history:
- Use BrokerCheck to verify customer disputes and disclosures.
- Check federal and state regulatory enforcement records.
- Review news and public filings for lawsuits or SEC actions.
Our legal team uses these steps and more for every investigation—customized for your unique situation.
Your Next Steps – Free Consultation and Recovery Options
If you lost money investing with Robert David Cohen of Stifel, Nicolaus & Company, Incorporated, we invite you to take action. Contact us for a confidential, complimentary consultation. Our attorneys will:
- Analyze your account activity
- Review all related disclosures and transaction records
- Assess whether you have viable claims for recovery of your funds
- Help you understand your rights and options through every stage of the process
We handle the vast majority of investor claims on a “No recovery, no fee” basis. Our goal is to maximize your recovery while providing clarity and confidence at every step.
Don’t let uncertainty stand between you and the recovery of your funds. If you have questions about Robert David Cohen, Stifel, Nicolaus & Company, Incorporated, or any suspicious account activity, call 1-888-885-7162 today for your free, no obligation case review. Our attorneys are here to advocate, represent, and fight for you—drawing upon the highest standards of professional experience and insider Wall Street knowledge to protect your financial future.
