Bassam S. Salem, of Birmingham, Michigan, a stockbroker with Wunderlich Securities, Inc., is subject to a pending customer dispute from May 3, 2016, in which the customer has requested $281,000.00 in damages amid allegations against Salem of engaging in unauthorized trading, failing to supervise, breach of fiduciary duty, and making unsuitable investment recommendations in several of the customer’s investment accounts.
Public Disclosure records indicate that Salem previously settled a customer dispute for $92,500.00 on February 18, 2009, after the customer alleged that Salem made unsuitable recommendations to the customer concerning equities, and did not adequately diverse the customer’s investments in order to mitigate risk of investment loss.
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.
