ROBERT ALAN SALLES

ROBERT ALAN SALLES is currently employed as a Broker and/or Investment Adviser at HERBERT J. SIMS & CO. INC. located at 2700 N. Military Trail, #400, BOCA RATON, FL, 33431.

ROBERT ALAN SALLES has worked at HERBERT J. SIMS & CO. INC. since October 11, 2002

Disclosure History

ROBERT ALAN SALLES has 5 Disclosure Event(s).

Date: May 23, 2018
Category: Customer Dispute
Allegations: Time frame: September 2009 to present. Claimant alleged breach of fiduciary duty, negligence, breach of contract, fraud misrepresentation, failure to supervise.
Damage Amount Requested: $200,000.00

Date: October 26, 2017
Category: Customer Dispute

Date: December 10, 2002
Category: Customer Dispute
Allegations: DAUGHTER, WITH HER PARENTS WAS A TRUSTEE ON ACCT AFTER FATHERS DEATH SHE CLAIMS INVESTEMENT WERE UNSUITABLE. DAMAGES WERE NOT SPECIFIED BUT ARE ESTIMATED TO BE MORE THAN $5,000.
Broker Comment: ALL TRADES WERE DISCUSSED WITH AND APPROVED BY BOTH CUSTOMERS

Date: August 03, 2001
Category: Customer Dispute
Allegations: FRAUD, BREACH OF FIDUCIARY DUTY, UNSUITABLE INVESTMENTS AND INVESTMENT STRATEGY, MISREPRESENTATION AND NEGLIGENCE FROM LATE 1999 TO EARLY 2000.
Damage Amount Requested: $160,000.00
Settlement Amount: $65,000.00
Broker Comment: THIS AGREEMENT EFFECT A COMPROMISE AND SHALL NEVER BE CONSTRUED AS AN ADMISSION OF GUILT. MR. SALLES DENIES ALL ALLEGATIONS OF WRONGDOING ASSERTED AGAINST HIM.

Date: March 17, 2001
Category: Customer Dispute
Allegations: CLIENT'S ATTORNEY ALLEGED BREACH OF FIDUCIARY DUTY AND MISREPRESENTATION WITH RESPECT TO THE SECURITIES PURCHASED IN THE CLIENT'S ACCOUNT. 1999-2000
Damage Amount Requested: $40,000.00
Broker Comment: SALOMON SMITH BARNEY HAS DENIED THE CLAIM.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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