Public records provided by the Financial Industry Regulatory Authority (FINRA) on January 4, 2017 indicate that Colorado-based Newbridge Securities broker/adviser Robert Bragg has been sanctioned by the State of Colorado and has received several customer complaints. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Bragg (CRD# 4767535).
Robert Bragg has spent twelve years in the securities industry and has been registered with Newbridge Securities in Colorado Springs, Colorado since June 2016. Previous registrations include VSR Financial Services in Colorado Springs, Colorado. He is a registered broker and investment adviser in Colorado.
According to his BrokerCheck report, Robert Bragg has received four customer complaints and one regulatory sanction.
In July 2016 the Colorado Division of Securities sanctioned him in connection to allegations he “was the subject of four complaints made by Colorado clients while associated with VSR Financial Services.” He was placed on heightened supervision for three years.
In February 2015 a customer alleged Robert Bragg, while employed at VSR Financial Services, misrepresented material facts related to an investment and made an unsuitable investment recommendation. The complaint settled in 2015 for $60,000.
In 2014 a customer alleged Robert Bragg, while employed at VSR Financial Services, breached his fiduciary duty, violated the Colorado Securities Act, acted professionally negligent, misrepresented material facts, and participated in negligent supervision. The complaint settled in 2016 for $245,000.
In 2013 a customer alleged Robert Bragg, while employed at VSR Financial Services, made misrepresentations of material facts, acted negligently, breached his fiduciary duty, breached contract, and recommended unsuitable securities. The complaint settled for $30,000.
In 2009 a customer alleged Robert Bragg, while employed at VSR Financial Services, breached contract, acted negligently, and made unsuitable recommendations. The complaint settled for $25,000.
If you or someone you know has lost money investing with Robert Bragg, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.