VSR Financial Broker, Robert Hinz, Has Complaints

Robert HinzWashington-based VSR Financial Services broker/adviser Robert Hinz is the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hinz (CRD# 1026405).

Robert Hinz has spent 33 years in the securities industry and has been registered with VSR Financial Services in Seattle, Washington since 1994. Previous registrations include Princor Financial Services in Des Moines, Iowa (1989-1994); Mutual Benefit Financial Service Company (1988-1989); Princor Financial Services Corporation in Des Moines, Iowa (1986-1988); Sentra Securities Corporation (1985-1986); Private Ledger Financial Services (1985); and Integrated Resources Equity Corporation (1982-1985). He is a registered broker and investment adviser with eleven US states and territories: Alaska, Arizona, California, Hawaii, Kansas, Maryland, Nevada, New York, Oregon, Washington, and Wisconsin.

According to his BrokerCheck report, Robert Hinz is the subject of two customer complaints and five customer complaints that were closed or denied.

In 2013 a customer alleged Robert Hinz, while employed at VSR Financial Services, committed fraud, breached his fiduciary duty, and acted negligently. The complaint settled in 2014 for $240,000, to which Mr. Hinz individually contributed $10,000.

In 2011 a customer alleged Robert Hinz, while employed at VSR Financial Services, recommended unsuitable investments and provided misleading information. The customer sought unspecified damages in the complaint, which was denied.

In 2009 a customer alleged Robert Hinz, while employed at VSR Financial Services, violated Washington securities laws and negligently misrepresented material facts. The complaint settled in 2010 for $18,500, to which Mr. Hinz individually contributed $5,000.

In 2009 a customer alleged Robert Hinz, while employed at VSR Financial Services, made unauthorized transactions. The customer sought $25,000 in damages in the complaint, which was denied.

If you or someone you know has lost money investing with Robert Hinz, call the securities and investment fraud law firm 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.

The above information is based on publicly available records published by the Financial Industry Regulatory Authority (FINRA) on March 2, 2016,