If you were misled into believing that your broker or investment advisory firm had invested your funds in Bain Capital private equity funds, contact the investment loss attorneys at KlaymanToskes today at +1 (888) 997-9956 or request a free case evaluation to determine if you are eligible for recovery.
National investment loss lawyers KlaymanToskes is investigating barred financial advisor Rajesh Markan and his alleged fraudulent misappropriation of funds intended for Bain Capital private equity investments. If you suffered losses at Merrill Lynch and/or Hilltop Securities due to misappropriated Bain Capital investments with Rajesh Markan and/or any other financial advisor, contact us immediately at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options.
KlaymanToskes is currently representing multiple customers of Rajesh Markan who have filed FINRA arbitration complaints alleging fraudulent misconduct, including the misappropriation of their funds, falsification of investment records, and fabrication of non-existent Bain Capital private equity and hedge fund investments. These customers, who were clients of both Merrill Lynch and Hilltop Securities, collectively allege millions of dollars in damages resulting from Markan’s deceptive practices.
KlaymanToskes has filed numerous FINRA arbitration claims on behalf of customers of Markan seeking to recover the stolen money they invested in Bain Capital and its lost appreciation. These claims include:
Investors who were misled into believing they were investing in Bain Capital private equity funds, but later discovered their funds were never invested, are encouraged to contact our firm immediately at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options.
Bain Capital is a globally recognized private equity firm that invests in various industries, including technology, healthcare, and financial services. However, according to recent findings by KlaymanToskes’, not all investments labeled as Bain Capital private equity may be legitimate. Some financial advisors, like Rajesh Markan, have allegedly misrepresented investments under Bain Capital’s name, defrauding unsuspecting investors.
Rajesh Markan was employed at Merrill Lynch from 2009 to 2022 and later worked at Hilltop Securities until 2024. KlaymanToskes alleges that these brokerage firms failed to supervise Markan, allowing his fraudulent activities to continue unchecked. The law firm is investigating whether Merrill Lynch and Hilltop Securities failed in their fiduciary duty to protect their clients.
The investors represented by KlaymanToskes have filed FINRA arbitration claims seeking to recover substantial losses, collectively totaling $2.7 million. These arbitration cases seek not only the recovery of the customers’ original investments, but also compensation for lost appreciation that would have accrued had the funds been properly invested.
Clients of Rajesh Markan allege that he falsely represented private equity investments in Bain Capital as secure and high-return investments. However, KlaymanToskes’ investigation has uncovered that the investors’ funds purportedly directed towards these investments were instead allegedly misappropriated by Markan. Rajesh Markan allegedly provided the investors with fabricated statements that misrepresented the status and performance of their investments, leading them to believe their funds were growing in Bain Capital when, in reality, they were not invested there at all.
To recover investment losses, you do not go through the traditional court system with a lawsuit. The only remedy is through a FINRA arbitration, a specific process designed for these types of disputes. This process involves presenting your case to a panel set by the Financial Industry Regulatory Authority (FINRA), not a courtroom. This approach is streamlined and focused on investment disputes, making it a suitable and effective way for investors to seek compensation for losses caused by financial advisors or brokerage firms.
FINRA (the Financial Industry Regulatory Authority) is a self-regulatory organization that oversees brokers and brokerages. In the event of a dispute between an investor and their financial advisor, investors can choose to file a FINRA arbitration claim. FINRA is overseen by the Securities and Exchange Commission (“SEC”).
The arbitration process is designed to be much faster than the court system and allows both parties to present their case before a panel of arbitrators. The arbitrators will then decide how to resolve the dispute, including ordering the advisor to pay damages for any losses suffered by the investor.
If you suffered Bain Capital losses or other investment losses due to misappropriation and/or fraud, you are encouraged to contact attorney Steven D. Toskes, at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
As an investor, there are signs that you should look out for if you believe you have a claim against your broker/advisor for Bain Capital losses or other investment losses due to misappropriation and/or fraud. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
The law firm urges all customers of full-service brokerage and investment advisory firms to contact the firm immediately at 888-997-9956 if they believe they invested in Bain Capital private equity funds, but have since learned they were not invested in any Bain Capital investments. Fill out a short contact form for a free and confidential consultation to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.