Last Updated: October 2023 (Independence, OH)
Sanjay Bhargava Investigation Summary
Here’s what you need to know about Independence, OH, stockbroker Sanjay Bhargava:
- Name: Mr. Sanjay Bhargava
- Current Employer: Not currently registered with FINRA-dba JK Investment Group
- Previous Firms: Regulus Financial Group, Securities America, QA3 Financial Corp.
- Function: Former Stock Broker/ Financial Advisor/Registered Investment Advisor
- Aliases: None
- Primary Location: Independence, OH
- CRD 4495397
- Can Sanjay Bhargava be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Terminated by a prior employer: Yes
- Highest Settlement or Award/Pending Customer Dispute Seeks Damages of $32,606
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Sanjay Bhargava As Your Stockbroker?
In 5/2022 FINRA fined Sanjay Bhargava $5,000 and suspended him for three months (ended 9/2022) for participating in private securities transactions. According to FINRA Bhargava provided offering documents on a non firm approved investment to potential investors and misrepresented to the firm on an annual compliance attestation that he did not engage in private securities transactions.
In 2015 a customer of QA3 Financial was awarded $32,606 by a FINRA arbitration panel. The customer had alleged that Bhargava made an unsuitable recommendation to invest in Behringer Harvard REIT and violated the Ohio Securities Act.
In 5/2020 Sanjay Bhargava was permitted to resign from Securities America who alleges that Bhargava assisted in the promotion, with an unrelated CPA firm, of a seminar on historic preservation tax credits that was not approved by the firm.
Allegations of Broker Misconduct Against Sanjay Bhargava
A customer of Sanjay Bhargava alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in Behringer Harvard REIT
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Sanjay Bhargava, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.