Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stefan Shimshidian (Shimshidian), currently associated with Cabot Lodge Securities LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Shimshidian recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $255,000.00 on November 21, 2024.
Claimant alleges Breach of Fiduciary Duty, Negligence and Negligent Misrepresentation, Breach of Contract, Failure to Supervise, Violation of Regulation Best Interest, regarding the purchase of GWG L-bonds from November 2017 through April 2021.