Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 23, 2016 indicate that former Arizona-based Source Capital Group broker Robert Turpin has been permanently barred from acting as a broker or otherwise associating with any FINRA member firm in any capacity. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Turpin (CRD# 1063249).
Robert Turpin has spent 29 years in the securities industry and was most recently registered with Source Capital Group in Scottsdale, Arizona (2010-2015). Previous registrations include Unita Investments in Gilbert, Arizona; Desert Star Capital in Phoenix, Arizona; FSC Securities in Atlanta, Georgia; Stiteler Investments; MF Diessner Securities in Phoenix, Arizona; and First Financial Equity Corporation in Scottsdale, Arizona. He is currently not registered with any state or firm.
According to his BrokerCheck report, Robert Turpin has received two regulatory sanctions and was discharged from his position at Source Capital Group.
In May 2016, FINRA sanctioned Robert Turpin following allegations he failed to provide requested documents and information during an investigation into allegations he engaged in private securities transactions and undisclosed outside business activities. He was issued a permanent bar from the securities industry.
In September 2015, Robert Turpin was discharged from his position at Source Capital Group following allegations he engaged in outside business activity.
In 1999, the National Association of Securities Dealers sanctioned Robert Turpin following allegations that his member firm, Desert Star Capital, acting through him, conducted securities business while failing to maintain its required minimum net capital. He was issued a fine of $2,500.
If you have lost money investing with Robert Turpin, you may be able to collect a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. 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 claim, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.