Roger Kroeger (CRD #1526864) is a former registered broker and investment advisor who was employed with Invest Financial Corporation (CRD #12984) of Fort Lauderdale, FL for 27 years. He was previously employed with Glenfed Brokerage Services (CRD #13648) of Glendale CA and Shearson Lehman Hutton Inc. (CRD #7506).
Although Kroeger still holds Series 7 and 63 licenses, he is not currently associated with a FINRA member firm. No current employment information is available. He has been in the industry since 1986.
The second disclosure is his termination of employment by Invest Financial with allegations that “representative [Kroeger] admitted to facilitating a loan to his sister from a senior client, and was subsequently charged with multiple felony offenses in connection with these circumstances.” Invest filed the required Uniform Termination Notice for Securities Industry Registration (“Form U5”) for Kroeger on 12/5/2017, notifying FINRA that his association with the firm ended on 11/17/2017.
The third disclosure is a customer dispute filed on 12/12/2017, alleging misappropriation of client funds. The client requested damages of $190,000.00, and the case was settled for
$206,084.00.
The fourth disclosure is the case opened by FINRA on 9/5/2018. Kroeger was requested to provide information and on-the-record testimony after an investigation. Without admitting or denying the findings, Kroeger signed an Acceptance, Waiver & Consent (AWC) letter, consenting to FINRA-imposed sanctions on 8/20/2018. The letter was signed by a FINRA representative on 9/5/2018, and implemented a permanent, indefinite bar in all capacities.
Did You Invest With Roger Kroeger?
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