Kultar Bindra

There are Recent Customer Complaints with Broker Kultar Bindra in Firm LPL Financial LLC

August 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kultar Bindra (Bindra), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bindra recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on March 05, 2025.

Clients allege they informed FA they would need invested funds in 2025, and believed they were purchasing a product which would mature as expected in 2025. In March 2025, clients indicated they learned investment did not mature until 2029 which they allege was not disclosed.

There are Recent Customer Complaints with Broker Kultar Bindra in Firm LPL Financial LLC

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kultar Bindra (Bindra), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bindra recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $31,860.00 on February 16, 2024.

Client alleges an unsuitable recommendation was made.

Truist Investment Advisor Kultar Bindra Has Structured Products Complaint

February 6, 2024 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that financial advisor Kultar Bindra (Bindra), currently employed by Truist Investment Services, Inc. (Truist) has been subject to at least two customer complaints during the course of his career. According to records kept by The Financial Industry Regulatory Authority (FINRA), Bindra’s customer complaint alleges that Bindra recommended unsuitable investments in structured products and makes allegations concerning the misrepresentation of the product among other allegations of misconduct relating to the handling of their accounts.

In August 2023 a customer complained that Bindra violated the securities laws by alleging that Bindra recommended an investment made on July 28, 2020 was misrepresented regarding the term and rate of return. The claim alleges damages and settled for $14,954.

Structured products are a class of derivative products that derive their performance from market linked data. A structured product generally references a source against which market risk is taken. The source can be a single security, a basket of securities such as a market index, commodities, interest rates, or a real estate loan portfolio. The variety of products that can be structured demonstrates the difficulty in formulating a single unified definition of a structured product.