| Read Time: 2 minutes | Equitable Advisors Complaints | UBS Financial Services Complaints |


Dervinder Singh of Equitable Advisors Has 3 Customer Complaints for Alleged Broker Misconduct

Who is Dervinder Singh of Equitable Advisors?

Dervinder Singh (CRD #2146392) who is currently registered with Equitable Advisors and located in Woodbury, New York is a subject of one of our many securities industry sales practice abuse investigations.

Dervinder Singh Customer Complaints

Dervinder Singh has been the subject of 3 customer complaints that we know about. One of Dervinder Singh’s 3 customer complaints was settled in favor of investors. Two of Dervinder Singh’s customers’ complaints were denied and the customers did not take any further action.

Allegations Against Dervinder Singh

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Clients allege Dervinder Singh did not accurately disclose the policy terms of two fixed life insurance products at the time of replacement from two incentive life insurance policies.
  • Clients allege the sale of a variable life insurance policy by Dervinder Singh was not a suitable investment. The client is requesting the firm to rescind the policy and refund premiums paid. Damages unspecified.
  • Plaintiff alleges she did not receive the $100,000 death benefit on her husband’s variable life insurance policy because Dervinder Singh did not reveal or disclose the plaintiff’s medical history on the policy application. Plaintiff further alleges the agent made these misrepresentations in order for the policy to get issued at a premium level and generate a sales commission. Damages are unspecified. The allegations were unsubstantiated and without admitting fault or liability on the part of all parties, this matter was settled.

Dervinder Singh Red Flags & Your Rights as An Investor

Of course, Dervinder Singh did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags that should put all current and former customers of Dervinder Singh at Equitable Advisors on alert to review carefully the activity and performance of their accounts and question whether Dervinder Singh has engaged in any stockbroker misconduct that may have caused them investment losses.

A large number of customer complaints at Equitable Advisors also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim to Recover Your Investment Losses at Equitable Advisors Due to Dervinder Singh

If you have questions about Equitable Advisors and/or Dervinder Singh and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars