Investor Alert > Yousuf Saljooki— Alleged Churning, Negligence, Unsuitability, & Unauthorized Trading

Posted Oct 26, 2018

by Alan Rosca

Yousuf Saljooki— Alleged Churning, Negligence, Unsuitability, & Unauthorized Trading

Yousuf Saljooki Allegedly Engaged in Churning, Negligence, Unsuitability, & Unauthorized Trading

Yousuf Saljooki allegedly engaged in churning, negligence, unsuitability, & unauthorized trading, according to FINRA Reports under review by investor rights attorney Alan Rosca.

Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Yousuf Saljooki’s alleged churning, negligence, unsuitability, & unauthorized trading. Investors who believe they may have lost money in activity related to Yousuf Saljooki’s alleged churning, negligence, unsuitability, & unauthorized trading are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Saljooki was registered with Worden Capital Management LLC in Melville, New York from December 2017 until his termination in April 2018, FINRA notes.

Yousuf Saljooki Suspended by FINRA

Saljooki, based on the aforementioned behavior, was suspended on August 6, 2018, from associating with any FINRA member firm in all capacities, FIRNA notes.

FINRA sent notice to Saljooki that if he fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on October 15, 2018, from association with any FINRA member in all capacities pursuant to FINRA Rules, FINRA states.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Yousuf Saljooki’s alleged churning, negligence, unsuitability, & unauthorized trading. 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 Yousuf Saljooki’s alleged churning, negligence, unsuitability, & unauthorized trading may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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