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Broker Misconduct Investigation: Ben Schick (Cobalt Capital)

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Updated on: May 18, 2025

National investment loss lawyers KlaymanToskes is investigating broker Ben Schick (CRD# 4897243) of Cobalt Capital.

According to FINRA BrokerCheck, broker Ben Schick of Cobalt Capital is currently involved in a customer complaint alleging $900,000 in damages. The complaint further alleges unsuitable recommendations to invest in iCap investments.

Investors that suffered losses with broker Ben Schick are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Cobalt Capital Broker Ben Schick Hit with iCap Investor Dispute

Financial advisor Ben Schick of Cobalt Capital is currently involved in a customer dispute, according to Financial Industry Regulatory Authority (“FINRA”) records. The customer complaint alleges $900,000 in damages. The customer alleges unsuitable recommendations to invest in iCap private placement investments. Schick has been registered with Cobalt Capital since 2005 in Lake Mary, FL.

Investment Losses with Broker Ben Schick?

Investment Losses with Broker Ben Schick?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Ben Schick, or have concerns regarding your investment portfolio at Cobalt Capital, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.