If you have investment losses due the actions of Rajesh Markan, 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 continuing its investigation of financial advisor Rajesh Markan (CRD# 4553309) of Merrill Lynch and Hilltop Securities after the firm filed numerous FINRA arbitration claims alleging Markan had stolen customers’ investments in Bain Capital, a fraudulent private equity investment.
As of October 1, 2024, Markan has been permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”). This disciplinary action follows Markan’s refusal to cooperate with FINRA’s investigation into a Form U5 filed by Hilltop Securities which revealed Markan was “under internal review at the firm for fraud or wrongful taking of property, or violating investment-related statutes, regulations, rules or industry standards of conduct.”
If you have investment losses due the actions of Rajesh Markan of Merrill Lynch and Hilltop Securities, 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.
Rajesh Markan is currently facing three additional pending customer complaints alleging $820,000 in collective investor damages. Markan was registered with Merrill Lynch in Flower Mound, TX from 2009 to November 2022, when he resigned due to allegations of “conduct involving failure to disclose a loan to a client”. Markan was also employed with Hilltop Securities from October 2022 to August 12, 2024 in Dallas, TX.
Investors that suffered losses with financial advisor Rajesh Markan are encouraged to contact attorney Steven D. Toskes, at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Rajesh Markan (CRD# 4553309) is a broker who is currently facing pending allegations of fraudulent investment recommendation of Merrill Lynch and Hilltop Securities, which have caused significant investment losses for his clients.
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:
The customers allege that they were shocked to learn from an attorney representing Markan that he had not invested their money in the Bain Capital private equity investment and instead, misappropriated their money and falsified documents showing their investments performance. As a result, investors not only lost their principal investment but also missed out on any potential gains they could have realized had their funds been properly invested in suitable investment opportunities.
Rajesh Markan Resigned from Merrill Lynch Following Allegations:
On October 5th, 2022, Rajesh Markan resigned from Merrill Lynch after allegations of misconduct involving failure to disclose a loan to a client. Subsequent to his resignation from Merrill, Markan joined Hilltop Securities, where he continued his career as a financial advisor. However, in August 2024, Markan reportedly resigned from Hilltop Securities as well. His departure from both firms has raised concerns among clients regarding the circumstances surrounding his resignations.
According to his FINRA BrokerCheck report, Markan is currently facing several investor disputes due to alleged misconduct at Merrill Lynch at Hilltop Securities. On October 1, 2024, Markan was permanently barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”).
If you suffered losses at Merrill Lynch and/or Hilltop Securities, contact KlaymanToskes for a free, no obligation account review. Our experienced attorneys can help you determine if your losses were due to similar conduct.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to investment fraud, broker misconduct, and securities violations.
The article linked below contains important information relating to KlaymanToskes’ investigation of financial advisor Rajesh Markan:
If you suffered losses with Rajesh Markan of Merrill Lynch and Hilltop Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million (exclusive of attorneys fees and costs) for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
Signs Investors Should Look Out For About Their Brokerage Accounts
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Rajesh Markan. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage 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.
If you suffered losses with financial advisor Rajesh Markan, or have concerns regarding your investment portfolio at Merrill Lynch and/or Hilltop Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.