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Independent Financial Broker, Robyn Lee, Faces TIC Complaint

shutterstock_123948847According to records provided by the Financial Industry Regulatory Authority (FINRA), former California-based Independent Financial Group broker Robyn Lee is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. Lee (CRD# 2846656).

Robyn Lee has spent eighteen years in the securities industry and was most recently registered with Independent Financial Group in San Mateo, California (2007-2015). Previous registrations include Berthel Fisher & Company in Burlingame, California (2004-2007); ePlanning Securities in Roseville, California (2002-2004); Securities America in La Vista, Nebraska (2000-2002); Passport Securities in Burlingame, California (1999-2000); Capital Brokerage Corporation in Richmond, Virginia (1997-1999); and McClurg Capital Corporation in Rafael, California (1997-1998). She is currently not registered with any state or firm.

According to her BrokerCheck report, Robyn Lee is the subject of nine customer complaints, two pending customer complaints, and one pending regulatory sanction.

  • In 2015 a customer alleged Robyn Lee, while employed at Independent Financial Group, misrepresented and omitted material facts, breached her fiduciary duty, and recommended unsuitable tenant-in-common (TIC) investments. The complaint settled for $95,000.
  • In 2015 a customer alleged Robyn Lee, while employed at Independent Financial Group and Berthel Fisher, misrepresented and recommended unsuitable TIC investments. The customer is seeking $1,369,007 in the pending complaint.
  • In 2013 a customer alleged Robyn Lee, while employed at Independent Financial Group, recommended an unsuitable investment in structured notes. The complaint settled for $10,000.
  • In 2012 a customer alleged Robyn Lee, while employed at Independent Financial Group, acted negligently, committed fraud, breached her fiduciary duty, and made unsuitable investment recommendations. The complaint settled in 2013 for $188,000.
  • In 2012 a customer alleged Robyn Lee, while employed at Berthel Fisher, misrepresented and omitted material facts related to an unsuitable investment. The complaint settled in 2014 for $132,500.
  • In 2010 a customer alleged Robyn Lee, while employed at Berthel Fisher, breached her fiduciary duty and misrepresented material facts related to an investment in TIC interests. The complaint settled for $37,500.
  • In 2009 a customer alleged Robyn Lee, while employed at Independent Financial Group and Berthel Fisher, misrepresented material facts and made an unlawful investment recommendation. The complaint settled in 2010 for $114,200.
  • In 2008 a customer alleged Robyn Lee, while employed at Berthel Fisher, did not disclose the risks associated with using a qualified intermediary. The complaint settled in 2013 for $690,000.

If you or someone you know has complaints regarding Robyn Lee, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts every case on contingency: we only receive payment if and when you collect money. Time to file your claim might be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.