Goodman & Nekvasil P.A, May Recover Investor Losses – Robert Leland Johnson, IV (Robert Johnson) Barred from the Securities Industry
From 2011 until Robert Johnson’s resignation in 2012, Robert Johnson was licensed with Cambridge Investment Research, Inc. Robert Johnson was then licensed with Summit Brokerage Services, Inc. According to FINRA’s records, Robert Johnson was permitted to resign by Cambridge Investment Research, Inc. on February 14, 2012. Cambridge Investment Research, Inc. reported to FINRA that Robert Johnson was terminated for altering a previously signed, completed and dated withdrawal form, to initiate a client requested subsequent withdrawal, without obtaining a new form. Cambridge Investment Research, Inc. also reported that Robert Johnson misrepresented the facts for the situation to the firm.
Subsequent to Robert Johnson’s firing, FINRA brought a disciplinary action against Robert Johnson. Robert Johnson was barred from the securities industry.
FINRA also reports that an arbitration claim was filed alleging fraud in that the customer and her mother invested into Robert Johnson’s realty company and funds were not returned as promised. This arbitration claim alleging sales practice violations by Robert Johnson was settled for $250,000.
Additionally, FINRA reports that Robert Johnson has pending civil charges against him by the U.S. Commodity Futures Trading Commission (CFTC) concerning Robert Johnson’s involvement with Capital Equity FX, LLC. The CFTC has charged Robert Johnson with, commodity futures fraud, off-exchange, leveraged or margined retail foreign currency (forex) fraud, commodity pool fraud and failure to register with the CFTC, as required.
If you lost any money on investments with Robert Johnson, you may be able to recover your losses from Cambridge Investment Research, Inc. and/or Summit Brokerage Services, Inc. This is because Cambridge Investment Research, Inc. and Summit Brokerage Services, Inc. had a duty to supervise Robert Johnson.
If you lost money on investments with Robert Johnson and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Cambridge Investment Research, Inc. and/or Summit Brokerage Services, Inc., concerning Robert Johnson’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on investments with Robert Johnson and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.