DID STEFAN ARA SHIMSHIDIAN CAUSE YOU INVESTMENT LOSSES?
Stefan Shimshidian Of Cabot Lodge Securities LLC Has 2 Customer Complaints For Alleged Broker Misconduct
Stefan Shimshidian Customer Complaints
Stefan Shimshidian has been the subject of 2 customer complaints that we know about seeking to recover investment losses. Both customer complaints evolved into FINRA arbitration proceedings against Cabot Lodge Securities for the advisor’s alleged misconduct and are still pending.
Allegations Against Stefan Shimshidian
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable purchase of an annuity.
- Breach of fiduciary duty, negligence, negligent misrepresentation, violation of Regulation Best Interest regarding purchases of GWG L bonds.
- Violation of federal securities laws, violation of New York Consumer Protection Act, fraud, breach of fiduciary duty, and negligence related to private placement investments involving GWG L bonds.