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EDGAR KLEYDMAN AXA ADVISORS INVESTOR ALERT: National Investor Fraud Law Firm KlaymanToskes Investigates Ex-Axa Advisors Broker In Light of Securities Bar

October 14, 2021

National investor fraud law firm, KlaymanToskes, has commenced an investigation (“Edgar Kleydman Axa Advisors Investigation”) into former Axa Advisors (n/k/a Equitable Advisors) Edgar A Kleydman (“Edgar Kleydman”) in light of a disciplinary bar disclosed by FINRA. In October 2021, FINRA barred Edgar Kleydman from the securities industry. The bar relates to Edgar Kleydman’s refusal to appear for on-the-record testimony to FINRA. The OTR testimony is in regard to whether he engaged in private securities transactions without providing written notice to Axa Advisors.

Ex-Axa Advisors Broker Edgar Kleydman Barred by FINRA

According to a recent FINRA Letter of Acceptance, Waiver and Consent, the financial regulator barred former Axa Advisors broker Edgar Kleydman (Brooklyn, NY) for refusing to appear for on-the-record testimony relating to its investigation. FINRA’s investigation relates to whether Edgar Kleydman engaged in private securities transactions without providing written notice to Axa Advisors.

BrokerCheck of Ex-Equitable Advisors (f/k/a Axa Advisors) Broker Edgar Kleydman

According to BrokerCheck, Edgar Kleydman has three customer disputes, including two in 2021. One dispute on record with FINRA from August 2021 contains causes of action of breach of fiduciary duty, unsuitability, breach of contract and negligence relating to options and common stock.

Registration History of Edgar Kleydman

Edgar Kleydman was formerly registered with MML Investors Services, LLC (Brooklyn, NY) from December 2019 to March 2020. Edgar Kleydman was previously registered with, but not limited to, the following firms:

  • Axa Advisors, LLC (Brooklyn, NY; December 2015 to December 2019)
  • JP Morgan Securities LLC (Brooklyn, NY; October 2012 to December 2015)
  • Chase Investment Services Corp. (Brooklyn, NY; September 2011 to October 2012)
  • Capital One Investment Services LLC (New York, NY; June 2008 to October 2012)
Lose Money Investing with Edgar Kleydman at Axa Advisors (n/k/a Equitable Advisors), MML Investors Services?

Former customers of ex-Axa Advisors broker Edgar Kleydman with investment losses that exceed $100,000, and those who may have information relating to the manner in which the broker handled their accounts, are encouraged to contact Lawrence L. Klayman, Esq., at (561) 542-5131, and download our Special Investor Report.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. KlaymanToskes has recovered more than $220 million for investors in FINRA arbitrations. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact:

KlaymanToskes

Lawrence L. Klayman, Esq. (561) 542-5131

lklayman@klaymantoskes.com

www.klaymantoskes.com