Robert Henderson, Formerly of IFS Securities, Sued by FINRA for Unauthorized Outside Business Activities

Henderson was also charged with failure to disclose tax liens.  

The Sonn Law Group is investigating allegations that Robert Henderson committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Robert Henderson (CRD#: 1160413) was named in a FINRA complaint alleging that between December 2010 and October 2018, he engaged in three outside business activities without providing prior written notice to IFS Securities.

Specifically, the complaint alleges that Henderson also failed to provide written notice to his firm when he received proceeds from the sale of a condominium unit for one of the outside business activities.

Additionally, FINRA alleged that between October 2014 and 2018, Henderson willfully failed to timely amend his Uniform Application for Securities Industry Registration or Transfer to disclose four federal tax liens, totaling more than $368,000.

Henderson first became registered through his association with a former FINRA member firm in September 1983. Between 1983 and 2010, Henderson was registered with several FINRA member firms. Between December 17, 2010 and November 21, 2019, Henderson was registered with FINRA as a General Securities Representative and an Investment Company Products/Variable Contracts Representative through his association with IFS. On September 18, 2019, Cabot Lodge Securities LLC (CRD No. 159712) (“Cabot Lodge”) made an initial non-registered fingerprint person filing on behalf of Henderson and identified his position as “back office.”

Henderson has seven Judgement/Lien disclosures on his BrokerCheck report from 2014. All of them are regarding tax liens.

FINRA is seeking sanctions against Henderson for his misconduct.

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The Sonn Law Group is currently investigating allegations that brokers recommended unsuitable investments. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.