Subject of Seven Tax Liens/Judgments in 2014
Did you lose money investing with Robert Henderson? Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.
IFS Securities broker Robert Henderson,(CRD#1160413) is under investigation by FINRA for undisclosed outside business activities.
According to Henderson’s FINRA BrokerCheck profile, Henderson has 34 years of experience with 13 firms, including: International Financial Solutions of Atlanta, GA (2010-present), and First American Capital of Miami, FL (2008–2011).
Other former employers include First Discount Brokerage of Miami Lakes, FL; Acument Securities of San Francisco, CA; Delta Equity Services of Bolton, MA; Securities America of Lavista, NE; and First Montauk Securities of Red Bank, NJ.
Henderson has 18 disclosure in his FINRA record.
On July 8, 2019, FINRA made a preliminary determination to recommend that disciplinary action be brought against Henderson alleging violations of FINRA Rules 3270 and 2010 in that Henderson participated in undisclosed outside business activities; and for failing to timely amend his Form U4.
Henderson’s FINRA record states that he had seven IRS tax liens filed against him in 2014, for a total of almost $1,000,000.
- In January 2008, while registered with 1st Discount Brokerage, a customer filed a dispute against Henderson alleging unsuitable recommendations, with requested damages of $24,446. The trades were deemed suitable and the claim was denied.
- In November 2003, while Henderson was registered with Delta Equity Services, a client alleged Henderson engaged in unauthorized trading, with requested damages of $132,000. The claim was settled in arbitration for $48,500.
- In May, 2002, one of Henderson’s customers alleged unauthorized trading and breach of fiduciary duty for trades that took place from 1998–2000. The customer alleged damages of $116,000. The claim was settled for $40,000.
- Another of Henderson’s customers made allegations of unauthorized trading in 2001,alleging $75,000 in damages. The claim was settled for $35,000.
- Also while with Delta Equity, in 2001, a customer alleged unsuitability and misrepresentation, with the customer stating that Henderson had used $100,000 of the client’s money to fund one of his own hotels.
- Henderson had another customer dispute filed against him while also with Delta Equity in 1999 by a client who alleged unauthorized options trading, with requested damages of $40,000. The claim was settled for $10,000. The claim was closed with no action.
- In 1998, a customer alleged Henderson engaged in unsuitable trades with unspecified damages. That claim was settled for $60,000. According to FINRA records, the customer had represented her financial status to Henderson, and he denied all allegations.
Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional or corporate executive misappropriated funds, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim.