Garden City, New York financial advisor (CRD# 5225102) has received multiple investor complaints alleging that his investment recommendations led to...Read More
Rob Melberth: $2.1 Million Complaint Against Melberth Capital Advisor
An investor complaint against Sarasota financial advisor Rob Melberth (CRD# 4775230) alleges his investment advice resulted in seven-figure damages. Financial Industry Regulatory Authority records show that he is a broker with Emerson Equity and an investment advisor with Melberth Capital, doing business as Melberth Enterprises.
Mr. Melberth’s BrokerCheck report discloses one investor complaint. Filed in July 2022, the complaint alleges that as a representative of Emerson Equity and “Melberth Capital,” he breached his fiduciary duty, breached contract, acted negligently, and violated industry rules. The pending complaint alleges damages of $2.1 million.
In a statement on the pending complaint’s disclosure, Mr. Melberth denied the allegations. “The Allegations against me are false, despite customer(s) written acknowledgement that they understood the investment and associated risks,” he wrote, adding: “ I acted within the SEC, FINRA and State Securities Laws and intend to vigorously defend myself against these claims.”
According to the Financial Industry Regulatory Authority, Rob Melberth holds 18 years of securities industry experience. Based in Sarasota, Florida, he has been a broker and an investment advisor with Emerson Equity and Melberth Capital, respectively, since 2020. He does business as Melberth Enterprises. His past registrations include Aegis Capital, JHS Capital Advisors, Gunnallen Financial, Morgan Stanley & Company, Morgan Stanley, Morgan Stanley DW, SPC, and Sigma Financial Corporation. His credentials include the passage of four securities industry exams: the General Securities Representative Examination, or Series 7; the Uniform Combined State Law Examination, or Series 66; the Futures Managed Funds Examination, or Series 31; and the Securities Industry Essentials Examination, or SIE. He is licensed in Florida, Maryland, Michigan, Pennsylvania, and Wisconsin. (Information current as of August 17, 2022.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.