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Bob Hardcastle Named in Four Complaints

Bob HardcastleThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Missouri-based VSR broker/adviser Bob Hardcastle (CRD# 1101791). Mr. Hardcaslt has spent 29 years in the securities industry and has been registered with VSR Financial Services in Chesterfield, Missouri since 2004. Previous registrations include WS Griffith Securities in Hartford, Connecticut (1999-2004); National Securities in Seattle, Washington (1989-2004); Forsyth Securities (1987-1989); Phoenix Equity Planning (1987); and First Alliance Financial Services (1986-1987). He is a registered broker and investment adviser with 24 US states and territories.

According to his BrokerCheck report, Bob Hardcastle is the subject of four customer complaints and four pending customer complaints.

  • In May 2015 a customer alleged Bob Hardcastle, while employed at VSR Financial Services, misrepresented material facts related to an investment, recommended an unsuitable investment, and breached his fiduciary duty. The customer is seeking $366,000 in damages in the pending complaint.
  • In March 2015 a customer alleged Bob Hardcastle, while employed at VSR Financial Services, “charged too much for the management of their accounts over the last ten years.” The customer is seeking $52,577 in damages in the pending complaint.
  • In 2014 a customer alleged Bob Hardcastle, while employed at VSR Financial Services, recommended unsuitable investments that resulted in market losses. The customer is seeking more than $48,200 in damages in the pending complaint.
  • In 2014 a customer alleged Bob Hardcastle, while employed at VSR Financial Services, made unsuitable recommendations and charged unsuitable fees. The customer is seeking more than $12,700 in damages in the pending complaint.
  • In 2009 a customer alleged Bob Hardcastle, while employed at VSR Financial Services, deducted unwarranted management fees from an annuity investment. The complaint settled for more than $6,500.
  • In 2005 a customer alleged Bob Hardcastle, while employed at National Securities, recommended unsuitable investments, violated federal securities law, breached his fiduciary duty, violated Missouri securities law, acted negligently, misrepresented and omitted material facts, and committed fraud. The complaint settled in 2006 for $130,000, to which Mr. Hardcastle individually contributed $130,000.
  • In 2005 a customer alleged Bob Hardcastle, while employed at National Securities, breached his fiduciary duty, made unsuitable recommendations, violated the Securities Act of 1934, violated Missouri Blue Sky Law, acted negligently, and over-concentrated the account in high-risk aggressive stocks. The complaint settled in 2006 for $100,000, to which Mr. Hardcastle individually contributed $100,000.

If you have complaints regarding Bob Hardcastle, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.