Last Updated: October 2025 — Issaquah, WA
Here’s what you need to know about Issaquah, WA stockbroker Robert V. Lybbert:
- Name: Robert V. (Val) Lybbert
- Current Employer: Edward Jones — 1580 NW Gilman Blvd., Suite 6, Issaquah, WA 98027 (Broker registration effective 9/8/2025; IA registration effective 7/11/2025)
- Prior Firms: Elite Wealth Management, Inc. (10/2021–07/2025); Lattice Capital Management LLC (10/2021–07/2022; 11/2023–01/2024)
- CRD number: 7451138
- Stockbroker / Financial Advisor: Yes — General Securities Representative; Investment Adviser Representative (currently registered with 4 SROs; licensed in WA)
- Can Broker be Sued in FINRA: Yes (customer claims against employing broker-dealers are typically brought in FINRA arbitration)
- Current Customer Dispute Seeks Total Damages of: More than $19.3 million combined across pending claims (JAMS and Washington State court filings)
If you’ve sustained damages from Mr. Lybbert, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Robert V. Lybbert As Your Stockbroker?
Multiple pending investor actions name Mr. Lybbert in connection with recommendations tied to a hedge fund while he was associated with Elite Wealth Management, Inc. and Lattice Capital Management LLC:
- State Court — King County, WA (Superior Court of Washington)
Filed/served: Aug. 8, 2025 • Case No.: 25-2-22733-2 SEA • Alleged damages: believed to exceed $2,000,000 • Allegations: breach of fiduciary duty, negligence, negligent misrepresentation/omissions, breach of contract, violations of the Washington State Securities Act (RCW 21.20.010) and Consumer Protection Act (RCW 19.86) • Product: “Other: Hedge Fund.” - JAMS Arbitration — Ref. No. 5160000962
Filed/served: July 22, 2025 • Alleged damages: $15,000,000 • Allegations: breach of fiduciary duty and negligence • Product: “Other: Hedge Fund.” - JAMS Arbitration — Ref. No. 5160000959
Filed/served: July 25, 2025 • Alleged damages: alleged losses exceed $960,000 (one entry specifies $962,605.55) • Allegations: negligence, negligent misrepresentations, violations of the Securities Act of Washington, duty of care under the Investment Advisers Act of 1940, unlawful sale of securities (RCW 21.20.140), Consumer Protection Act (RCW 19.86), and voidable real property transactions (RCW 19.40) • Product: “Other: Hedge Fund.” - JAMS Arbitration — Ref. No. 5160000924
Filed/served: June 12, 2025 • Alleged damages: $1,375,210 • Allegations: breach of fiduciary duty, fraud, unjust enrichment, and unsuitable recommendations resulting in losses between Aug. 2024 and Apr. 2025 • Product:“Other: Hedge Fund.”
Allegations of Broker Misconduct Against Robert V. Lybbert
- Unsuitability — recommending risky, illiquid hedge fund exposure contrary to a customer’s objectives may violate FINRA Rule 2111 (Suitability); for retail brokerage recommendations after June 30, 2020, SEC Regulation Best Interest (Exchange Act Rule 15l-1) imposes a best-interest duty.
- Breach of Fiduciary Duty — repeatedly alleged across the pending matters (also framed as Advisers Act “duty of care” when acting as an IA representative).
- Fraud / Misrepresentation or Omission of Material Facts — alleged in JAMS Ref. No. 5160000924; in brokerage contexts, deceptive practices violate FINRA Rule 2020 and FINRA Rule 2010.
- Negligence / Negligent Misrepresentation — alleged in multiple filings (JAMS Refs. 5160000959, 5160000962; King County case).
- Breach of Contract & Unjust Enrichment — asserted in the state-court case and one JAMS matter.
- Violations of Washington Statutes — RCW 21.20.010, RCW 21.20.140, RCW 19.86, and RCW 19.40 cited in the filings.
Registration & Background Snapshot
- Current registrations: FINRA General Securities Representative with Edward Jones; SRO approvals effective 9/8/2025; IA rep effective 7/11/2025; branch listed in Issaquah, WA.
- Exams passed: SIE (7/29/2025), Series 7 (8/25/2025), Series 66 (9/16/2025), Series 65 (10/11/2021).
- Employment history (10 years): Edward Jones (07/2025–Present); Elite Wealth Management/Lattice Capital (09/2021–07/2025); earlier non-securities roles listed.
Recover Your Investment Losses Now With Rex Securities Law
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If you have suffered investment losses in an account handled by Robert V. Lybbert, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Firms We Have Pursued On Behalf of Our Clients
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.