Robert Cavanagh is a New York-based securities broker. He has worked in the securities industry for thirty years. During his career, he has been registered with four different securities firms.
His registrations include; W.J. Nolan & Company (1988-1989), J.T. Moran & Co. (1989-1990), Rosenkrantz Lyon & Ross Incorporated (1990), and David Lerner Associates (1990-Present).
Robert Cavanagh’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In October 2011, a customer alleged misrepresentation. This case was settled for $76,687.75 in damages.
In April 2016, a customer alleged unsuitability, common law fraud, constructive fraud, negligence, breach of fiduciary duty, breach of contract, and misrepresentation. This case went to arbitration, where the customer was awarded $1,027,311 in damages.
In July 2017, a customer alleged unsuitability and misrepresentation/omission. This case was settled for $112,000 in damages.
In July 2018, a customer alleged unsuitability, misrepresentation, breach of fiduciary duty, negligence, and fraud. These allegations in connection with Puerto Rico and Rochester Bond Fund. This case is currently pending. The customer is seeking $100,000 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Robert Cavanagh, please contact Oakes & Fosher for a free and private consultation.