January 2019- Ft. Lauderdale, FL
According to publicly available records Roger Kroeger, (CRD# 1526864) , a previously registered stockbroker who was last employed by Invest Financial Corporation, disclose a regulatory event, a pending criminal charge, a prior customer dispute and a termination from employment.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In September of 2018, Kroeger consented to a sanction and to the entry of findings that he refused to appear for FINRA on-the-record testimony in connection with a FINRA investigation. Kroeger violated FINRA Rules 8210 and 2010 and was barred from the securities industry.
In a pending criminal matter, Case17013278CF10A, Circuit Court in Broward County, FL , Kroeger is charged with 1 felony count of obtaining property of over $50,000 by fraud, one felony count of exploitation of elderly in the amount of $100,000 or more, three felony counts of fraud -utter false instrument, two felony counts of grand theft first degree greater than $100,000, one felony count of grand theft greater than $20,000 and less than $100,000 and two felony counts of fraud-money launder trans $100,000 or more. Kroeger has pleaded not guilty to all charges and the matter is currently pending.
In December of 2017, a customer of Invest Financial Corporation alleged Kroeger misappropriated cash funds from the customer account. That case was settled in 4/2018 for $206,084.
Kroeger began working for Invest Financial Corporation in 1990 and was discharged in 11/2017. Invest Financial makes the following allegation on Kroeger’s FINRA record: “Representative admitted to facilitating a loan to his sister from a senior client and was subsequently chard with multiple felony offenses in connection with these circumstances”.
If you have losses in an account handled by Roger Kroeger, contact us for a no charge consultation to learn how you may be entitled to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900