Robert Ian Siegel of Boca Raton Florida a stockbroker currently registered with Southeast Investments NC Inc. is referenced in a customer initiated investment related arbitration claim in which the customer was awarded $14,482.00 in damages based upon findings that while Siegel was associated with Southeast Investments NC Inc: (1) Siegel failed to inform the customer about the capital gains, dividends, and return of capital comprising distributions from the customer’s equity portfolio and (2) Siegel made bad investment recommendations to the customer concerning investments in risky mutual fund investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-02524 (Jan. 13, 2017).
FINRA Public Disclosure additionally reveals that a customer initiated investment related arbitration claim involving Siegel’s activities was settled for $15,000.00 in damages based upon allegations that during the time Siegel was associated with GF Investments Services and GunnAllen Financial, the customer’s account was handled in a negligent manner, and unsuitable trades were effected in the customer’s account specifically regarding exchange traded funds, stock, and direct participation program or limited partnership interest positions. FINRA Arbitration No. 09-07027 (Nov. 22, 2010).
Siegel has been employed by Southeast Investments N.C. Inc. since September 22, 2014.
