National investment loss lawyers KlaymanToskes is investigating broker Fariba Ronnasi (CRD# 4135998) of Elite Wealth Management, Inc.
According to FINRA BrokerCheck, broker Fariba Ronnasi of Elite Wealth Management Inc. has been involved in a customer complaint in which the customers have been awarded $1,103,279 in damages in connection with allegations of negligent investment, breach of fiduciary duty, and violation of state and federal securities law relating to private fund investments.
Investors that suffered losses with broker Fariba Ronnasi are encouraged to contact attorney Lawrence L. Klayman, Esq., 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.
Former Elite Wealth Management financial advisor Fariba Ronnasi has a FINRA BrokerCheck disclosure related to unsuitable and negligent investment recommendations and breach of fiduciary duty. According to the disclosure filed with FINRA, Ronnasi allegedly violated state and federal securities laws relating to private fund investments. The arbitration claim resulted in an award totaling $1,103,279. According to FINRA BrokerCheck, Fariba Ronnasi is currently no longer registered as a broker or investment advisor.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. 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.
If you suffered losses with broker Fariba Ronnasi, or have concerns regarding your investment portfolio at Elite Wealth Management, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.