March 8, 2017 Comments (0) Current Investigations, Securities Fraud

Angelo Talebi Investment Losses

(Last Updated On: March 8, 2017)

Concerned about investment losses with Angelo Talebi?

Have you suffered losses investing with Angelo Talebi in Beverly Hills, CA? If so, The White Law Group may be able to help you recover your losses by filing a FINRA arbitration claim.

According to FINRA, Angelo Talebi was suspended from the securities industry and fined $10,000 for allegedly executing transactions in a customer’s online account. FINRA alleges he did not  advise his primary firm nor notify this second firm of his association with his primary firm.

For FINRA’s full findings see FINRA AWC #2014042834201.

Talebi was registered with LPL Financial (through March 2012) and Royal Alliance Associates, Inc. (through April 2014), both of Beverly Hills, California. According to BrokerCheck, Talebi then worked for Independent Financial Group, LLC, of Sherman Oaks, CA. He is not currently registered.

Talebi has 28 (twenty-eight) customer complaints listed on his Broker report. Allegations include misrepresentation, unsuitability and excessive trading. According to FINRA Notice to Member 03-49, this puts Talebi in the worst 0.22% percent of all financial advisors in terms of the number of customer complaints lodged against him.

Failure to Supervise

The White Law Group is investigating the potential liability the brokerage firm(s) that employed Talebi may have for his actions. Brokerage firms are required to adequately supervise their advisors. They must ensure they are complying with FINRA rules.

When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses.

The brokerage firms can be held responsible for any losses in a FINRA arbitration claim if it is determined that they failed to properly supervise their agent.

Free Consultation

If you suffered losses investing with Angelo Talebi, the attorneys at The White Law Group may be able to help you. For a free consultation, please call (888) 637-5510.

The foregoing information, which is all publicly available, is being provided by The White Law Group.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. For more information, please visit our website, www.whitesecuritieslaw.com.