Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roger Roemmich (Roemmich), previously associated with Alexander Capital, L.p., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Roemmich recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $7,500,000.00 on May 01, 2025.
One of Mr. Roemmich’s customers alleged that Mr. Roemmich aided and abetted securities fraud, engaged in fraud, made negligent misrepresentations, was unjustly enriched, and breached his fiduciary duties to the customer. Customer alleged that he made a series of three direct investments in a Media Company – $1 million on or about July 15, 2020, $1.5 million on December 21, 2020, and $5 million on September 2, 2021. Customer allegedly made these investments in reliance on various statements made by Mr. Roemmich and the Media Company on unspecified dates prior to the first investment. Customer alleged that the statements on which he relied were false. Customer further alleged that Mr. Roemmich failed to disclose various relevant facts about the Media Company including that Mr. Roemmich failed to disclose that he was compensated for investors he brought to the company.