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Indra Ramsahai Formerly With Joseph Stone Capital And Principal Securities Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Indra Ramsahai formerly with Joseph Stone Capital?

Indra Ramsahai (CRD #1705579) who was formerly registered with Joseph Stone Capital and located in Hauppauge, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Joseph Stone Capital, Indra Ramsahai was associated with Principal Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Indra Ramsahai Customer Complaints

Indra Ramsahai has been the subject of 5 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Three of Indra Ramsahai’s 5 customer complaints were settled in favor of investors. One of Indra Ramsahai’s customers’ complaints was denied and the customers did not take any further action. There is currently one pending customer complaint filed against Aegis Capital for investment losses caused by Indra Ramsahai’s alleged misconduct.

Allegations Against Indra Ramsahai

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

  • Allegations include unauthorized and excessive trading by Indra Ramsahai.
  • Claimant alleged that her portfolio was not properly allocated and diversified which he believed resulted in an unreasonable amount of risk. Claimant also alleged that material facts were misrepresented and/or omitted by Indra Ramsahai.
  • Client alleges unsuitable recommendations and churning by Indra Ramsahai.
  • Poor performance for the lifetime of the account allegedly committed by Indra Ramsahai.
  • Client alleges churning and unauthorized trading by Indra Ramsahai.

Indra Ramsahai Red Flags & Your Rights As An Investor

Of course, Indra Ramsahai 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 Indra Ramsahai at Joseph Stone Capital and Principal Securities on alert to review carefully the activity and performance of their accounts and question whether Indra Ramsahai has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Joseph Stone Capital and Principal Securities 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 Joseph Stone Capital Due To Indra Ramsahai

If you have questions about Joseph Stone Capital, Principal Securities, and/or Indra Ramsahai 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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