DID ROBERT LORENTE CAUSE YOU INVESTMENT LOSSES?
Robert Lorente Formerly With Aurora Securities Has 2 Customer Complaints For Alleged Broker Misconduct
About Robert Lorente formerly with Aurora Securities?
Robert Lorente (CRD #1425180) has a substantial history in the securities industry, though he is not currently registered. Throughout his career, he has passed a notable number of examinations, including five principal/supervisory exams, two general industry/product exams, and one multi-state securities law exam, underscoring his extensive qualifications in various supervisory and sales capacities. Lorente’s career has involved registrations with multiple firms across different states, most notably with Aurora Securities, Concorde Investment Services, LLC, and Great Point Capital LLC, reflecting a diverse and robust professional trajectory.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Robert Lorente Customer Complaints and Reviews
Robert Lorente’s BrokerCheck record lists several disclosure events:
- Customer Disputes (2 incidents):
- Settled (1 incident): A dispute at Concorde Investment Services, LLC concerning allegations of negligence, gross negligence, misrepresentations and omissions related to a real estate security investment made in July 2016. This dispute was settled for $12,000.
- Pending (1 incident): A current complaint against Great Point Capital, LLC alleges lack of suitability, negligence, misrepresentation, common law fraud, breach of contract, and fiduciary duty regarding three REIT investments made from February to April 2019, seeking damages of $250,000.
Allegations Against Robert Lorente
- Settled Allegations:
- In the settled dispute, Lorente faced accusations of negligence and gross negligence, along with misrepresentations and omissions related to a real estate security investment, resulting in a monetary settlement.
- Pending Allegations:
- The ongoing case involves allegations of unsuitability and negligence in the recommendation of REITs, accompanied by accusations of misrepresentation, common law fraud, breach of contract, and breach of fiduciary duty, highlighting the serious nature of the claims against his investment recommendations.
Robert Lorente Red Flags & Your Rights As An Investor
Of course, Robert Lorente did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Robert Lorente at Aurora Securities on alert to review carefully the activity and performance of their accounts and question whether Robert Lorente has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Aurora Securities also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Aurora Securities Due To Robert Lorente
If you have questions about Aurora Securities and/or Robert Lorente and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.