Complaint Review: Robert B. Cordiak, Bob Cordiak, RBC Dain Rauscher - Dallas Texas
- Robert B. Cordiak, Bob Cordiak, RBC Dain Rauscher 100 Crescent Court, Ste. 1500 Dallas, Texas U.S.A.
- Phone: 214-775-6400
- Category: Investment Brokers
Robert B. Cordiak, Bob Cordiak, RBC Dain Rauscher Pushed for me to buy stocks from the firm's cache of bad stocks to get them off their hands. Dallas Texas
*Consumer Comment: Rebuttal to Robert Cordiak comments by Karen of Dallas, TX
I had never used a broker before as an investment advisor. Bob Cordiak of Dain Rauscher cold-called and asked for my business. I met with him and he insisted that I invest either all or none of my savings with him, which is probably a violation of NASD rules.
He gave me bad advice, sold me stock based on his commissions from outside companies, would not allow me to sell stock as it was plummeting, and called my house and solicited stock sales based on getting rid of stocks from the firm's cache of stocks that were bottoming out. I lost over $100,000 in stock and mutual fund investments.
Please be advised, do not do business with Bob Cordiak. He is a dishonest, money-grabbing broker who is only out for himself.
This report was posted on Ripoff Report on 03/25/2008 09:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/robert-b-cordiak-bob-cordiak-rbc-dain-rauscher/dallas-texas-75232/robert-b-cordiak-bob-cordiak-rbc-dain-rauscher-pushed-for-me-to-buy-stocks-from-the-fir-321145. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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