Stoltmann Law Offices is investigating Robert Potter, a former advisor with Cambria Capital in Salt Lake City, Utah. The Financial Industry Regulatory Authority (FINRA) barred him from the industry recently. Cambria fired him for allegedly opening a commodities/futures account in the name of a client and depositing funds into that account. The client claims no account was ever established for him and questions the validity of the transactions that Robert Potter made.
Potter was registered with Merrill Lynch Pierce Fenner & Smith from October 1983 until May 1987, E.F. Hutton & Co. from May 1987 until February 1988, Lehman Brothers in New York from February 1988 until September 1992, Salomon Smith Barney in New York from September 1992 until December 1998, Financial West Group in Westlake Village, California from March 1999 until October 1999, Eagle Gate Securities in Salt Lake City, Utah from September 1999 until December 2005, Wells Fargo Advisors in Salt Lake City from December 2005 until August 2011 and Cambria Capital in Salt Lake City from August 2011 until August 2015. He has three customer disputes against him. He is not licensed within the industry and FINRA permanently barred him from acting as a broker or otherwise associating with firms that sell securities to the public.
If you invested money with Robert H. Potter, his former firm, Cambria Capital, can be sued in the FINRA arbitration forum for not properly supervising him. They had a duty to reasonably do so, and, because they did not, can be held liable for investment losses. Please call our securities law firm in Chicago at 312-332-4200 to speak with an attorney about your options. We may be able to recover money losses for you on a contingency fee basis.
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