Charles Robert Cobb–Private Securities Transactions without Providing Prior Notice

Charles Robert Cobb Allegedly Participated in Five Private Securities Transactions Totalling $486,168 in Sales, without Having Provided Prior Notice

Charles Robert Cobb, between 2007 and 2008, allegedly participated in five private securities transactions totaling $486,168 in sales, without providing prior notice to Madison Avenue Securities, Inc., according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Alan Rosca and Joe Peiffer.

Charles Robert Cobb allegedly participated in the sale of notes that were issued by Diversified Lending Group, Inc. (DLG) and by Carr Miller Capital, LLC (CMC), the Complaint also notes.

The Peiffer Rosca Wolf securities lawyers are currently investigating Charles Robert Cobb’s alleged participation in five private securities transactions.

Charles Robert Cobb Allegedly Participated in Both DLG and CMC which Were Purported Multi-million Dollar Ponzi Schemes; Cobb Suspended and Fined $5,000 by FINRA, and Ordered Disgorgement of the Commissions for the amount of $12,621 for Allegedly Participating in Five Private Securities Transactions

Charles Robert Cobb allegedly participated in the sale of notes issued by Diversified Lending Group, Inc. (DLG) and by Carr Miller Capital, LLC (CMC), both of which were allegedly multi-million dollar Ponzi schemes, according to the aforementioned Complaint being examined by attorneys Joe Peiffer and Alan Rosca.

By reason of the foregoing conduct, Charles Robert Cobb has been suspended and fined $5,000 by FINRA, the Complaint reports.

In addition, Cobb has also been ordered disgorgement of the commissions for in the amount of $12,621 for participating in five private securities transactions totaling $486,168 in sales, without providing prior notice, the Complaint details.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of participation in unapproved private securities, and are currently investigating Charles Robert Cobb’s alleged participation in the sale of notes issued by Diversified Lending Group, Inc. (DLG) and by Carr Miller Capital, LLC (CMC). They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Charles Robert Cobb’s alleged participation in the sale of notes issued by Diversified Lending Group, Inc. (DLG) and by Carr Miller Capital, LLC (CMC) are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1174 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.