Bahram Mirhashemi, of Artesia, California, a stockbroker formerly registered with Ameriprise Financial Services, has been named in a customer initiated investment related arbitration claim, which settled on April 10, 2017, for $85,000.00 in damages based upon allegations that Mirhashemi mishandled the customer’s investment account, and effected equity trades in the customer’s account on an excessive and unsuitable basis.
Financial Industry Regulatory Authority (FINRA) Public Disclosure further reveals that on May 25, 2016, a customer filed an investment related arbitration claim involving Mirhashemi’s conduct, in which customers requested a total of $750,000.00 in damages based upon allegations including fraud, breach of contract, excessive trading, breach of fiduciary duty, and negligence in connection with the customer’s investment contracts.
Additionally, on June 7, 2016, a customer filed an investment related arbitration claim regarding Mirhashemi’s activities, where the customer requested $130,000.00 in damages based upon allegations including negligence, breach of fiduciary duty, and violation of California Corporation Securities laws as well as FINRA rules.
Since September 19, 1997, Mirhashemi has been associated with six different broker dealers, one of which has been expelled by securities regulators for violation of federal securities laws or is otherwise defunct.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
