Ian PersaudMaryland-based AXA Advisors broker/adviser Ian Persaud is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to customers who have complaints regarding Mr. Persaud (CRD# 6055525).
Ian Persaud has spent three years in the securities industry and has been registered with AXA Advisors in Columbia, Maryland since June 2012. He is a registered broker and investment adviser with eight US states and territories: the District of Columbia, Florida, Maryland, Minnesota, New York, North Carolina, Pennsylvania, and Virginia.
According to his BrokerCheck report, Ian Persaud is the subject of one pending customer complaint and one denied customer complaint.
In December 2015 a customer alleged Ian Persaud, while employed at AXA Advisors, recommended unsuitable products in a Retirement Cornerstone IRA. The customer is seeking unspecified damages in the pending complaint.
In August 2015 a customer alleged Ian Persaud, while employed at AXA Advisors, misrepresented material facts related to the purchase of a variable annuity. The customer sought unspecified damages in the complaint, which was denied.
According to FINRA rules and federal securities law, brokers like Ian Persaud may only recommend investments that are consider suitable for their clients’ investment profiles. They must weigh such factors as the customer’s investment goals, experience, age, income, risk tolerance, and more. Investment professionals may not misrepresent or omit material facts pertaining to an investment, as misrepresentations or omissions might lead a customer to invest unsuitably. Brokers who fail to recommend suitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has complaints regarding Ian Persaud, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.
This article is based on publicly available information provided by FINRA on April 7, 2016.