10
May

Complaints and Losses with ROBERT ESTEVEZ of Investors Capital Corp.

INVESTOR ALERT! Michael Lee of Kestra Investment in Darien Connecticut

Have you lost money with financial advisor Robert Estevez of Investors Capital Corp. in Greenwich, Connecticut?

 

We are looking into allegations made by the Michigan Corporations, Securities & Commercial Licensing Bureau against Robert Estevez. Michigan denied an application for securities licensure filed by Estevez.  In denying his application, Michigan cited several reasons, including the fact that he was previously suspended by FINRA, he was subject to a cease and desist order by New Hampshire, and he was alleged to be insolvent.  Estevez worked at Investors Capital at a branch office in Greenwich, CT.

 

Robert Estevez was a financial advisor and registered representative in Greenwich of Investors Capital Corp. from December 2008 to September 2016.  He has also been affiliated with Joseph Gunnar & Co. from September 2016 to the present.  Estevez was also the subject of five prior customer complaints.

 

Brokerage firms like Investors Capital Corp. have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

 

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Ann Arbor, Michigan; Denver, Colorado; and Seattle, Washington.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Michigan.  Attorney Aaron Israels is licensed to practice law in Michigan, he grew up in Holland, Michigan and also lived for many years in the Detroit area.  We have also represented a number of victims who had their money stolen by Michigan brokers, including Christopher Tolmacs and Brian Royster.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Investors Capital Corp.

 

Click to view:  Estevez, Robert BrokerCheck 1.3.17

Click to view:  Estevez, Robert Michigan Order

 

If you lost money with Robert Estevez, or Investors Capital Corp., CONTACT ISRAELS & NEUMAN at 720-599-3505 for a free evaluation of your case.