FINRA recently announced that former H&R Block Financial Advisor Drumond Ricardo Roby has been barred from association with any FINRA member in any capacity.
The sanction was based on findings that Roby misused funds belonging to customers whose accounts were inactive by changing the names and addresses on the accounts, without the customer’s knowledge or approval, and issued $17,900 in checks from the account to himself at his address, endorsed the checks and received the funds.
According to his FINRA Broker Report (CRD), it appears that Drumond Ricardo Roby was a registered representative in Ferndale, Michigan with H&R Block (n/k/a Ameriprise Financial) from approximately 2001-2007.
If you have questions regarding investments you made with Drumond Roby or H&R Block, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida. The firm has over 30 years of experience reviewing securities fraud claims and handles matters throughout the country and Michigan, including reviewing securities fraud cases in Ferndale, Detroit, Livonia, Flint, Ann Arbor, Landing, Grand Rapids, and Traverse City. To contact the firm, please call 312-238-9650. Or, for more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.
Tags: Ameriprise Financial, Ann Arbor, broker fraud, Detroit, Drumond Roby, Ferndale, Financial Advisor, FINRA, Flint, Grand Rapids, H&R Block, investment losses, investor protection, Landing, Livonia, Michigan, NASD, SEC, securities arbitration, Securities Attorney, securities law, securities law firm, Securities Lawyer, stockbroker, Traverse City Last modified: December 8, 2022
