Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 9, 2016 indicate that California and New Mexico-based Centaurus Financial broker/adviser Seyed Ahmad Hashemian has been the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hashemian (CRD# 1574079).

Seyed Ahmad Hashemian has spent 28 years in the securities industry and has been registered with Centaurus Financial in Santa Ana, California and Albuquerque, New Mexico since 2009. Previous registrations include First Allied Securities in Albuquerque, New Mexico; FFP Securities in Albuquerque, New Mexico; and NYLife Securities in New York, New York. He is a registered broker and investment adviser with four US states and territories: California, Louisiana, New Mexico, and Texas.

According to his BrokerCheck report, Seyed Ahmad Hashemian has received six customer complaints and one regulatory sanction.

In 2014, a customer alleged Seyed Ahmad Hashemian, while employed at First Allied Securities and Centaurus Financial, over-concentrated investments, recommended unsuitable investments, failed to conduct reasonable due diligence, failed to supervise, and misrepresented material facts. The complaint resulted in an award to the customer of $150,000.

In 2010, FINRA sanctioned Seyed Ahmad Hashemian following allegations he never informed a customer of the gross purchase price for certain variable life settlements or of the commissions he received. He was censured and issued a fine of $10,000.

In 2004, a customer alleged Seyed Ahmad Hashemian, while employed at FFP Securities, misrepresented material facts and committed fraud. The complaint settled in 2005 for $28,000, to which Mr. Hashemian individually contributed $9,333.

In 1997, a customer alleged Seyed Ahmad Hashemian, while employed at New York Life Insurance, did not disclose certain facts associated with a variable universal life insurance policy. The complaint settled for more than $11,900.

In 1997, a customer alleged Seyed Ahmad Hashemian, while employed at New York Life Insurance, misrepresented material facts. The complaint settled for more than $31,600.

In 1996, a customer alleged Seyed Ahmad Hashemian, while employed at New York Life Insurance, misrepresented material facts related to a variable universal life insurance policy. The complaint settled for more than $43,600.

In 1996, a customer alleged Seyed Ahmad Hashemian, while employed at New York Life Insurance, recommended an “inappropriate” variable universal life insurance purchase. The complaint settled for more than $282,400.

If you have lost money investing with Seyed Ahmad Hashemian, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.