LOST MONEY IN GWG L BONDS? CLICK HERE TO LEARN MORE

Broker Misconduct Investigation: Abtin Bashirazami (TransAmerica Financial Advisors)

If you have lost money in the stock market due to fraud, misrepresentation, negligence, or for other reasons, we can help you. We have successfully recovered over $250 million in FINRA securities arbitrations.*

Need Legal Help? Contact Us. Call +1 (888) 997-9956
Updated on: August 26, 2024

National investment loss lawyers KlaymanToskes is investigating broker Abtin Bashirazami of TransAmerica Financial Advisors (CRD #7526170).

According to FINRA BrokerCheck, broker Abtin Bashirazami is currently facing an investor dispute alleging that he misrepresented an Indexed Universal Life insurance policy and recommended liquidating a 529 savings account and an inheritance to fund the policy. The customer is seeking $241,666.58 in alleged damages. 

Investors that suffered losses with broker Abtin Bashirazami are encouraged to contact attorney Lawrence L. Klayman, Esq., 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.

Broker Abtin Bashirazami Faces Investor Dispute

Broker Abtin Bashirazami Faces Investor Dispute

Contact KlaymanToskes

Broker Abtin Bashirazami Faces Misrepresentation Allegations

Abtin Bashirazami, a broker with TransAmerica Financial Advisors, is involved in a dispute with an investor. According to his BrokerCheck record, an investor filed a complaint on June 18, 2024. The complaint alleges that Bashirazami recommended that the customer liquidate his 529 savings account and use an inheritance to buy an Indexed Universal Life (IUL) insurance policy. The customer also alleges that Bashirazami misrepresented information about the IUL policy.  The investor is seeking $241,666.58 in damages. 

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 Abtin Bashirazami. 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:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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 broker Abtin Bashirazami, or have concerns regarding your investment portfolio at TransAmerica Financial Advisors, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.