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Haissam Alrachid Of Equitable Advisors, LLC Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Haissam Alrachid Of Equitable Advisors, LLC?

Haissam Alrachid (CRD #2245588) who is currently registered with Equitable Advisors, LLC and located in Pasadena, California, is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Equitable Advisors, LLC, Haissam Alrachid was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Haissam Alrachid Customer Complaints

Haissam Alrachid has been the subject of 2 customer complaints that we know about to recover investment losses. One customer complaint was settled by AXA Advisors in favor of the investor. The other a customer complaint was denied by Equitable Advisors, and to date, the customer is not taking any further action.

Allegations Against Haissam Alrachid

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

  • Failure to disclose surrender charge on a variable life insurance policy.
  • Alleged misrepresentation that a variable life insurance policy would be paid in full and 10 years.

Haissam Alrachid Red Flags & Your Rights As An Investor

Of course, Haissam Alrachid 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 which should put all current and former customers of Haissam Alrachid at Equitable Advisors, LLC on alert to review carefully the activity and performance of their accounts and question whether Haissam Alrachid has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Equitable Advisors, LLC also raises questions about the brokerage firm’s 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, LLC Due To Haissam Alrachid

If you have questions about Equitable Advisors, LLC and/or Haissam Alrachid 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.

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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.

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