June 2023- Vienna, VA
Investigation Summary: Robert Alan Eisenberg
Have you suffered financial losses due to Vienna, VA stockbroker Robert Alan Eisenberg?
Below is the latest information we have on this individual, including the latest updates:
- Name: Robert Alan Eisenberg
- Current Employer: Lincoln Financial Advisors Corporation
- DBA: N/A
- Previous Firms: The Lincoln National Life Insurance Company, CIGNA Financial Advisors, Inc.
- Function: Stock Broker/Financial Advisor/Registered Investment Advisor
- Aliases: Robert Eisenberg
- Primary Location: Vienna, VA
- CRD: 1539655
- Can Robert Eisenberg be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $120,500
- Pending Customer Dispute Seeks Damages of: N/A
If you’ve sustained damages from Mr. Eisenberg, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Robert Eisenberg As Your Stockbroker?
In 2022, a customer of Lincoln Financial Advisors Corporation filed a FINRA arbitration alleging that Robert Eisenberg recommended an unsuitable investment in an oil and gas program, resulting in damages of $225,000. This case was settled in August 2023 for $120,500. Another customer dispute was filed in May 2023, also alleging that Eisenberg recommended an unsuitable oil and gas investment. This case was settled in October 2023 for $27,663.88.
Brokers and their firms have a duty to comply with the FINRA suitability rule, which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. Learn more about these requirements from FINRA’s official guidelines.
Allegations of Broker Misconduct Against Robert Eisenberg
Customers of Robert Eisenberg have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable investment recommendations
- Misrepresentations
- Omissions of material fact
- Negligence
- Unsuitable recommendation to invest in oil and gas programs
Allegations
- Unsuitable Investment Recommendations: Customers allege that Eisenberg recommended investments that were not suitable for their risk tolerance and financial situation.
- Misrepresentations: Allegations include that Eisenberg provided misleading information regarding the nature and risks of the investments.
- Omissions of Material Fact: Customers claim that Eisenberg failed to disclose critical information that would have impacted their investment decisions.
- Negligence: Claims involve Eisenberg’s failure to perform due diligence and provide competent investment advice.
- Unsuitable Recommendation to Invest in Oil and Gas Programs: Specific complaints include recommendations to invest in high-risk oil and gas programs without adequately informing customers of the associated risks.
Brokers and their firms have a duty to supervise their financial advisors to ensure compliance with regulatory standards, as outlined in FINRA Rules 3110 & 2090.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Robert Alan Eisenberg, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.