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Robert Abee Was Sanctioned and Issued a Fine

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Robert Abee

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 2, 2018 indicate that North Carolina-based Cambridge Investment Research broker Robert Abee has received a customer dispute and regulatory sanctions. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Abee (CRD# 862576).

Robert Abee has spent 39 years in the securities industry and has been registered with Cambridge Investment Research in Raleigh, North Carolina since April 2016. Previous registrations include TransAmerica Financial Advisors in Raleigh, North Carolina (1991-2016); PW Securities (1983-1991); Marion Bass Securities Corporation (1979-1983); and Western Reserve Financial Services Corporation (1979). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 24, 1993; Series 7 (General Securities Representative Examination), which he obtained on July 18, 1981; and Series 1 (Registered Representative Examination), which he obtained on February 12, 1979. He is a registered broker with 14 US states and territories: Arizona, the District of Columbia, Florida, Georgia, Kentucky, Minnesota, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, and Virginia.

According to his BrokerCheck report, Robert Abee has received one customer complaint and two regulatory sanctions.

In November 2017 the North Carolina Securities Division sanctioned him in connection to allegations he failed to timely report on his Form U-4 that he was associated with bankruptcy filings involving Sugartree Properties Inc. and Top Floor LLC. He was issued a fine of $5,000.

In 2016 a customer alleged Robert Abee, while employed at TransAmerica Financial Advisors, misrepresented material facts related to the risks and nature of certain unsuitable investments and their associated commissions and fees. The complaint settled in August 2017 for $250,000.

In 1989 the National Association of Securities Dealers sanctioned him in connection to allegations he failed to send a certified letter to stop a trade. He was censured and issued a fine of $875.

If you or someone you know has lost money investing with Robert Abee, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. 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.