Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maziar Monshi (Monshi), currently associated with Ifp Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Monshi 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 $600,000.00 on October 28, 2021.
Claimant alleges that certain transactions executed on her behalf were not suitable or excessive and made without Claimant’s authorization. Claimant further alleges that she was asked to sign blank forms and that certain funds were misappropriated or misused by her registered representative/ spouse. Activity period: 5/2016 – 5/2019.