Ghazaleh Ebrahimi is a California based securities broker. He has worked in the securities industry for twenty years. During his career, he has been registered with six different securities firms.
His registrations include; Glenfed Brokerage Services (1998), Cal Fed Investments (1998-1999), Citicorp Investment Services (2000-2001), Banc of America Investment Services (2000-2002), Stone & Youngberg (2002-2011), and Stifel, Nicolaus & Company (2011-Present).
Ghazaleh Ebrahimi’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In October 2008, customers alleged that their investments in reverse convertible notes were unsuitable due to the fact that the investments’ recent market performance exhibited more volatility than the customer was willing to accept. This case was settled for $100,000 in damages.
In May 2010, a customer alleged unsuitable investment recommendations against Ebrahimi. This case was settled for $40,000 in damages.
In June 2018, customers alleged breach of fiduciary duty, negligence, breach of contract, common law fraud and deceit, and violation of FINRA rules. This case is currently pending. The customers are seeking $475,000 in damages.
In November 2018, a customer alleged violation of standards of reasonable basis suitability, fraud, misleading statements, misleading omissions of material information, breach of fiduciary duty, negligent misrepresentation, negligence, breach of contract and warranty, third-party beneficiary breach of contract, breach of the covenant of good faith and fair dealing, elder abuse, and aiding and abetting financial elder abuse. This case is currently pending. The customer is seeking $1.3 million in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Ghazaleh Ebrahimi, please contact Oakes & Fosher for a free and private consultation.