Written by The White Law Group• September 20, 2019• 4:25 pm• Blog, Current Investigations

Robert A. Kahn (Rob Kahn) Broker Investigation

Financial Advisor Robert A. Kahn, Edward Jones in Creve Coeur, MO

Are you concerned about investments with Robert A. Kahn in Creve Coeur, MO? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

Rob Kahn of Creve Coeur, Mo, has reportedly been permanently barred from using the Certified Financial Planner designation because of his alleged involvement in excessive trading in a client’s account, according to the CFP Board of Standards on May 1, 2019.

Kahn reportedly failed to answer in a timely manner the CFP Board’s inquiries about regarding the allegations.

According to the CFP Board, Kahn allegedly “improperly placed discretionary orders in the client’s account between 2011 and 2016, purportedly made recommendations that were unsuitable his interests above his client’s.”

According to his FINRA BrokerCheck report, Kahn was reportedly affiliated with Edward Jones in Creve Coeur, MO for 22 years until he was allegedly discharged in October 2016 because he “violated the Firm’s Excessive Trading and Discretionary Orders policies.”

After leaving Edward Jones, Kahn’s broker report indicates he purportedly worked for Moloney Securities until August 2017.

He reportedly has 2 customer complaints on his broker check record, according to FINRA. Allegations include excessive and unsuitable trading.

Investigating Potential Claims

The White Law Group is investigating potential lawsuits regarding the liability that Kahn’s employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unsuitable investments or excessive trades, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including Missouri. Our attorneys have recovered millions of dollars from many brokerage firms in the past.