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Robert Klein Has Numerous Customer Complaints

Robert Klein Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 2, 2016 indicate that California-based JP Morgan/adviser broker Robert Klein has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Klein (CRD# 1254422).

Robert Klein has spent 31 years in the securities industry and has been registered with JP Morgan Securities in Newport Beach, California since 1995. Previous registrations include Merrill Lynch in New York, New York (1989-1995) and Dean Witter Reynolds in Purchase, New York (1984-1989). He is a registered broker and investment adviser with 42 US states and territories.

According to his BrokerCheck report, Robert Klein has received nine customer complaints and one pending customer complaint.

In December 2015, a customer alleged Robert Klein, while employed at JP Morgan Securities, breached his fiduciary duty, breached contract, acted negligently, and misrepresented the risk associated with unsuitable investments. The customer is seeking unspecified damages in the pending complaint.

In 2014, a customer alleged Robert Klein, while employed at JP Morgan Securities, breached his fiduciary duty, breached contract, acted negligently, and misrepresented the risk associated with an investment strategy. The complaint settled in February 2015 for $10,300.

In 2014, a customer alleged Robert Klein, while employed at JP Morgan Securities, breached his fiduciary duty. The complaint settled in March 2015 for $525,000.

In 2014, a customer alleged Robert Klein, while employed at JP Morgan Securities, breached his fiduciary duty, made unsuitable recommendations, and misrepresented and omitted material facts. The complaint settled in November 2015 for $360,000.

In 2013, a customer alleged Robert Klein, while employed at JP Morgan Securities, breached his fiduciary duty, acted negligently, breached contract, misrepresented risk, and executed unauthorized transactions on margin. The complaint settled in February 2015 for $25,000.

In 2012, a customer alleged Robert Klein, while employed at JP Morgan Securities, misrepresented material facts related to an investment. The complaint settled in June 2015 for $375,000.

In 2011, a customer alleged Robert Klein, while employed at JP Morgan Securities, invested too aggressively and over-concentrated the account. The complaint settled in 2013 for $50,000.

In 2011, a customer alleged Robert Klein, while employed at JP Morgan Securities, committed fraud, breached his fiduciary duty, misrepresented material facts, acted negligently, and breached contract. The complaint settled in 2014 for $400,000.

If you have suffered losses while investing with Robert Klein, you may be entitled to 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 get paid if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.