Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on January 30, 2018 indicate that former Indiana-based Thurston Springer Miller Herd & Titak broker Robert Hoffman has been sanctioned by FINRA and barred from acting as a broker or otherwise associating with a broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hoffman (CRD# 4008798).
Robert Hoffman has spent 17 years in the securities industry and was most recently registered with Thurston Springer Miller Herd & Titak in Indianapolis, Indiana (2017). Previous registrations include Woodbury Financial Services in Greenwood, Indiana (2006-2017); Northwestern Mutual Investment Services in Indianapolis, Indiana (1999-2006); and Robert W. Baird & Company in Milwaukee, Wisconsin (1999-2002). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 4, 1999, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on October 26, 1999. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint, two pending customer complaints, and two regulatory sanctions.
In 2017 FINRA sanctioned him following allegations he refused to appear for requested on-the-record testimony in relation to an investigation into a customer’s allegations that he made unsuitable investment recommendations, executed unauthorized transactions, made excessive trades, and participated in private securities transactions. He was barred from acting as a broker or otherwise associating with a broker-dealer firm.
In November 2017 a customer alleged Robert Hoffman, while employed at Woodbury Financial Services, breached his fiduciary duty, made unsuitable investment recommendations, and misrepresented material facts in connection to investments in variable annuities and Sterling Metal. The customer is seeking unspecified damages in the pending complaint.
In 2017 FINRA sanctioned him following allegations he failed to timely amend and correct his Form u$ to disclose an unsatisfied tax lien. He was issued a fine of $5,000 and a 3-month suspension.
In 2017 a customer alleged Robert Hoffman, while employed at Woodbury Financial Services, made unsuitable investment recommendations, churned the account, and executed unauthorized trades. The customer is seeking $3,200,000 in damages in the pending complaint.
In 2014 a customer alleged Robert Hoffman, while employed at Woodbury Financial Services, made unsuitable investment recommendations. The complaint settled for more than $47,500.
If you have lost money investing with Robert Hoffman, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. 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.