Robert Frederick Blake, of Greenwood Village, Colorado, a stockbroker previously registered with Cambridge Investment Research Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $500,000.00 in damages. The claim is based on allegations that Blake recommended an unsuitable real estate security and misrepresented the investment during the time that Blake was associated with Cambridge Investment Research Inc. FINRA Arbitration No. 23-03165 (October 31, 2023).
Blake has been referenced in eight other customer initiated investment related disputes concerning Blake’s conduct in the securities industry. FINRA Public Disclosure shows that Blake was referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $30,000.00 in damages based upon allegations that Blake breached his fiduciary duties by allowing funds to be provided to a third party. FINRA Arbitration No. 14-03129 (March 6, 2015).
On January 25, 2017, a securities arbitration claim involving Blake’s conduct was settled for $87,500.00 in damages based upon allegations that Blake made misleading statements and omissions of material facts, breached his fiduciary duties, engaged in fraudulent activities, and was negligent in the handling of investments related to tenant-in-common 1031 exchange programs during the time that Blake was associated with Presidential Brokerage Inc. FINRA Arbitration No. 14-03383 (January 25, 2017).
On November 6, 2017, a customer filed an investment related complaint involving Blake’s conduct in which the customer requested $10,000.00 in damages based upon alleged forgery and omissions of material fact about the illiquidity of investments in real estate securities when Blake was associated with Cambridge Investment Research Inc.
FINRA Public Disclosure shows that Blake is also referenced in a securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Blake made unsuitable recommendations in real estate securities when Blake was associated with Cambridge Investment Research Inc. FINRA Arbitration No. 20-03405 (March 22, 2021).
Blake was associated with Cambridge Investment Research Inc. in Greenwood Village, Colorado from November 19, 2012, to December 31, 2018.
