Robert Franden: Investor Alleges Excessive Bond Trading

Robert FrandenPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on September 13, 2018 indicate that Oklahoma-based Raymond James & Associates broker/adviser Robert Franden has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Franden (CRD# 2402061).

Robert Franden has spent 24 years in the securities industry and has been registered with Raymond James & Associates in Tulsa, Oklahoma since June 2018. Previous registrations include Morgan Stanley in Tulsa, Oklahoma (2009-2018); Morgan Stanley & Company in Tulsa, Oklahoma (2007-2009); Morgan Stanley DW in Tulsa, Oklahoma (2003-2007) Citigroup Global Markets in New York, New York (1998-2003); and Merrill Lynch in New York, New York (1993-1998). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 16, 1993; Series 63 (Uniform Securities Agent State Law Examination Nov 23, 1993), which he obtained on November 23, 1993; and Series 7 (General Securities Representative Examination), which he obtained on November 9, 1993. He is a registered broker and investment adviser with 26 US states and territories: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Kansas, Kentucky, Louisiana, Michigan, Minnesota, New Jersey, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, and Virginia. He is registered with five self-regulatory organizations (SROs): FINRA, NYSE American, Nasdaq PHLX, the Nasdaq Stock Market, and the New York Stock Exchange.

According to his BrokerCheck report, he has received one pending customer complaint.

In August 2018 a customer alleged Robert Franden, while employed at Morgan Stanley Smith Barney, executed excessive trades in municipal bond investments from 2012 until 2018. The customer is seeking unspecified damages in the pending complaint.

If you or someone you know has a complaint regarding Robert Franden, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.