DID RODGER SPROUSE CAUSE YOU INVESTMENT LOSSES?
Rodger Sprouse Of Creativeone Securities, LLC and formerly with Tital Securities Has 8 Customer Complaints For Alleged Broker Misconduct
About Rodger Sprouse Of Creativeone Securities, LLC?
Rodger Sprouse (CRD #5483578) has an extensive background in the securities industry, marked by numerous registrations across various firms. He has passed two general industry/product exams (the Securities Industry Essentials Examination and the General Securities Representative Examination) and two multi-state securities law exams (the Uniform Securities Agent State Law Examination and the Uniform Investment Adviser Law Examination). Sprouse was previously registered with several firms, including CreativeOne Securities, LLC and Titan Securities, indicating a diverse experience within the industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Rodger Sprouse Customer Complaints and Reviews
- Regulatory Event (1 Incident):
- In September 2022, Sprouse faced a regulatory action initiated by the state of Kansas for selling unregistered securities, which was resolved with a consent to pay civil penalties.
- Customer Disputes (8 Incidents):
- The disputes involve various allegations including unsuitable investment recommendations and misrepresentations concerning structured cash flow products. Key incidents include:
- Claim in 2022 over unsuitable recommendations settled for $40,000 with a personal contribution from Sprouse of $20,000.
- Claim in 2019 concerning FIP structured cash flows settled for $158,000 with Sprouse contributing $32,000 after litigation.
- The disputes involve various allegations including unsuitable investment recommendations and misrepresentations concerning structured cash flow products. Key incidents include:
- Financial Disclosures:
- No specific financial disclosures like bankruptcy or liens were indicated, but his engagement in significant settlements reflects financial impacts related to customer disputes
Allegations Against Rodger Sprouse
- Regulatory Allegations:
- Sale of unregistered securities, specifically structured cash flows, which required a settlement including civil penalties as a consequence of regulatory findings.
- Customer Complaint Allegations:
- Multiple allegations of providing unsuitable investment advice, particularly concerning structured cash flow products, which often led to financial settlements.
- Claims of misrepresentation, particularly in the context of investment risks and product details, which were sometimes resolved through settlements involving substantial financial contributions from Sprouse.
Rodger Sprouse Red Flags & Your Rights As An Investor
Of course, Rodger Sprouse 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 Rodger Sprouse at Creativeone Securities, LLC and Titan Securities on alert to review carefully the activity and performance of their accounts and question whether Rodger Sprouse has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Creativeone Securities, LLC and Titan Securities also raises questions about the brokerage firms’ 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 Creativeone Securities, LLC Due To Rodger Sprouse
If you have questions about Creativeone Securities, LLC, Titan Securities and/or Rodger Sprouse 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.
Rate this Post
Loading...