Broker Investigation: Roger Roemmich
Roger Roemmich, (CRD #1293322) a formerly registered broker and investment adviser, has reportedly accumulated multiple customer complaints, a prior settlement, and is now barred from the securities industry by Financial Industry Regulatory Authority (FINRA). His disclosure history reportedly includes allegations of unsuitable investment recommendations, private placement risks, and potential securities fraud.
If you have suffered investment losses with Roger Roemmich and Alexander Capital Lp, you may be able to recover investment losses through FINRA arbitration.
Recent FINRA Bar: What Led to the Investigation?
In January 2026, FINRA reportedly permanently barred Roemmich after he refused to provide documents and information requested during an investigation.
While the bar itself stems from non-cooperation, the underlying investigation appears tied to multiple serious customer complaints and civil allegations, including:
- Securities fraud
- Breach of fiduciary duty
- Unsuitable investment recommendations
- Misleading statements to investors
FINRA investigations are often triggered by patterns of complaints or red flags in a broker’s conduct. In this case, Roemmich was already allegedly the subject of several pending disputes and a civil lawsuit at the time of his resignation from Alexander Capital, L.P. in May 2025.
Roger Roemmich – Customer Complaints and Allegations
Roemmich’s record reflects at least eight disclosures, including several pending investor disputes:
Pending Customer Disputes
- July 2025 (Pending)
Allegations: Breach of fiduciary duty, negligence, aiding and abetting misconduct
Timeframe: 2020–2024 - May 2025 (Pending – $7.5 million claim)
Allegations:- Securities fraud
- Aiding and abetting fraud
- Unjust enrichment
- Breach of fiduciary duty
- January 2025 (Pending – $1.2 million claim)
Allegations:- Unsuitable investment recommendations
- Misleading or false statements
- February 2024 (Pending – $73,300 claim)
Allegation: Suitability
Prior Settlement
- August 2013 (Settled for $227,500)
Allegations:- Unsuitability
- Misrepresentation involving a tenant-in-common (TIC) investment
Red Flags: Private Placements and High-Risk Investments
Several of the allegations against Roemmich involve high risk private placements, which are not publicly traded and often carry heightened risks, including:
- Lack of liquidity
- Limited transparency
- Higher fees and commissions
- Increased potential for investor loss
Roemmich has reportedly stated in his defense that investors were “accredited” and aware of the risks. However, even with accredited investors, brokers must still ensure that recommendations are suitable and fully disclosed.
Understanding Unsuitable Investment Recommendations
Unsuitable investment recommendations are a common basis for investor claims in FINRA Arbitration.
A broker may be liable if they recommend investments that do not align with an investor’s:
- Risk tolerance
- Financial situation
- Investment objectives
- Liquidity needs
This is particularly important in cases involving complex or illiquid products, such as private placements or TIC investments.
FINRA Arbitration and Investor Recovery
Investors who suffer losses due to broker misconduct may be able to recover damages through FINRA arbitration, a process designed to resolve disputes between investors and brokerage firms.
Claims may involve:
- Unsuitable investment recommendations
- Misrepresentation or omission of material facts
- Breach of fiduciary duty
- Failure to supervise
Even if a broker is barred, investors may still pursue claims against the brokerage firm that employed the advisor, which may be responsible for supervision failures.
Contact a Securities Fraud Attorney
If you invested with Roger Roemmich or experienced losses due to similar conduct, you may have legal options.
At The White Law Group, our attorneys represent investors nationwide in FINRA arbitration claims involving:
- Unsuitable investments
- Private placement losses
- Broker fraud and misrepresentation
Contact us today for a free consultation to discuss your potential recovery options. Please call 888-637-5510.
Roger Roemmich – Frequently Asked Questions (FAQs)
1. Why was Roger Roemmich barred by FINRA?
Roger Roemmich was reportedly barred by the Financial Industry Regulatory Authority (FINRA) after he refused to provide documents and information requested during an investigation. While the bar was issued for non-cooperation, FINRA’s investigation was reportedly connected to multiple customer complaints and allegations, including securities fraud, unsuitable investment recommendations, and breach of fiduciary duty.
2. What types of investor claims have been filed against Roemmich?
Investors have filed several claims against Roemmich, including allegations of:
- Unsuitable investment recommendations
- Securities fraud and misrepresentation
- Breach of fiduciary duty
- Aiding and abetting misconduct
Some of these claims are currently pending in FINRA Arbitration, with reported damages reaching into the millions of dollars.
3. Can investors still recover losses if the broker is barred?
Yes. Even if a broker is no longer registered, investors may still pursue recovery through FINRA Arbitration. In many cases, claims are brought against the brokerage firm, which may be liable for failing to properly supervise the advisor. Investors may be able to recover losses related to unsuitable investments, fraud, or other misconduct.
Last modified: March 20, 2026
