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
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.
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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
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