Hossein Mohammad Yekani, a.k.a. Nick Yekani, Facing Three Pending Customer Disputes Related to Alleged Acts of Misrepresentation, Unsuitability, & Fraud

Hossein Mohammad Yekani, a.k.a. Nick Yekani, is facing three pending customer disputes, according to FINRA Reports under review by investor rights attorney Alan Rosca.

Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Hossein Yekani’s alleged misrepresentations. Investors who believe they may have lost money in activity related to Hossein Yekani’s alleged misrepresentations are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

For example, a pending customer dispute filed on November 1, 2018 alleges negligent and intentional misrepresentation and omission, fraud, conversion on the part of the registered representative related to the solicitation and servicing of the customer’s variable annuity, and is requesting $651,319.00 in damages, FINRA notes.

Another pending customer dispute filed against Yekani on September 14, 2018 alleges omission of material facts when a variable annuity was purchased in February 2007, and is requesting damages of $132,857.28, FINRA states.

Hossein Mohammad Yekani Has Worked for 26 Years in the Securities Industry for 3 Different Firms

Hossein Mohammad Yekani is also the subject of a customer dispute filed May 24, 2017 which alleges that the variable annuities recommended by the former advisor in April 2008, approximately, were not appropriate, and is requesting damages of $275,215.18, FINRA states.

Hossein Yekani has worked for 26 years in the securities industry with three different firms, FINRA notes, and has 24 customer disputes in total going back to 2005.

Yekani worked at NYLIfe Securities in New York, NY from November 4, 1987 until July 21, 1988, was registered with Signator Investors, Inc from September 7, 2004 until March 10, 2005, and with New England Securities in Woodland Hills, California from August 24, 1988 until February 7, 2014, FINRA states.

Finally, it is important to not that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Hossein Yekani’s alleged misrepresentations. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Hossein Yekani’s alleged misrepresentations may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.