Fariba Zehtabian Madison of Los Alamitos, California, a stockbroker registered with Western International Securities Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $14,999.00 in damages based upon allegations that Madison made misrepresentations of material fact in connection with the sale of corporate bonds during the time that Madison was associated with Western International Securities Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-01109 (March 13, 2023).
FINRA Public Disclosure shows that Madison is referenced in four other customer initiated investment related disputes concerning Madison’s conduct while associated with securities broker dealers. On May 19, 2008, a customer filed an investment related complaint involving Madison’s conduct in which the customer requested $38,263.26 in damages based upon allegations that Madison made unsuitable recommendations of mutual funds when Madison was associated with U.S. Bancorp Investments Inc. The securities broker dealer denied the customer’s complaint.
Madison is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensation based upon allegations that Madison made unsuitable recommendations of corporate bonds during the time that Madison was associated with Western International Securities Inc. FINRA Arbitration No. 22-01718 (August 4, 2022).
On August 26, 2022, a different customer filed an investment related FINRA securities arbitration claim involving Madison’s conduct in which the customer requested $300,000.00 in damages based upon allegations that Madison was negligent in connection with the recommendation and sale of corporate bonds. FINRA Arbitration No. 22-01897.
Madison is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensation based upon allegations that Madison was negligent in connection with the recommendation and sale of corporate bonds. FINRA Arbitration No. 22-02475 (November 3, 2022).
Madison has been registered with Western International Securities as a stockbroker since November 19, 2012, and as an investment advisor representative since November 26, 2012.
