Dharmesh Virendra Vora an investment advisor representative of Vora Wealth Management PLLC, is the subject of a customer initiated investment related complaint filed on March 20, 2024, in which the customer requested $350,000.00 in damages based upon allegations that Vora provided unsuitable recommendations in structured notes to the Vora Wealth Management PLLC customer.
SEC Public Disclosure shows that Vora has been involved in 15 other customer initiated investment related disputes concerning his activities at investment advisors. Vora is the subject of a customer initiated investment related dispute filed on December 8, 2023, in which the customer requested $196,000.00 in damages. The claim alleged unauthorized trading, unsuitable investment recommendations, misrepresentations of material fact, negligence, and breach of fiduciary duty in connection with the sale of structured notes during the time that Vora was associated with Vora Wealth Management PLLC.
Vora is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $3,385,000.00 in damages based upon alleged engaged in misrepresentation, breach of fiduciary duty, fraud, negligence, conspiracy to commit securities fraud, violations of the Arizona Securities Act, and breach of contract in connection with the sale of structured notes. FINRA Arbitration No. 23-03546 (January 8, 2023).
On January 21, 2024, a customer filed an investment related complaint involving Vora’s conduct in which the customer requested compensatory damages based upon allegations that Vora provided unsuitable advice in structured notes when Vora was associated with Vora Wealth Management PLLC.
On January 26, 2024, a customer filed an investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim involving Vora’s conduct in which the customer requested $400,000.00 in damages based upon alleged unsuitable advice in structured notes. FINRA Arbitration No. 23-03546.
Vora has been associated with Vora Wealth Management PLLC in Flagstaff, Arizona since April 4, 2011.
