Last Updated: July 2025 — Los Alamitos, CA
Here’s what you need to know about Los Alamitos, CA stockbroker Fariba Z. Madison:
- Name: Fariba Zehtabian Madison
- CRD Number: 1178259
- Current Employer: Vanderbilt Securities (since 6/2025)
- Function: Stockbroker / Financial Advisor
- Previously Registered With: Western International Securities; U.S. Bancorp Investments, Inc.; Citicorp Investment Services; Essex National Securities; Gateway Investment Services; Fiserv Investor Services; FIMCO Securities Group; National Partnership Equities, Inc.; ISFA Corporation
- Alias: Fariba Zehtabian Madison, Fariba Zehtabian
- Can Fariba Madison be sued in FINRA arbitration? Yes
- Highest Award or Settlement: $225,000
- Pending Customer Dispute Seeks Damages of: $358,000
If you’ve sustained damages from Ms. Madison, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Fariba Z. Madison As Your Stockbroker?
Fariba Z. Madison has multiple customer dispute disclosures alleging sales practice violations primarily involving the sale of corporate debt instruments. Allegations include negligence, unsuitability, unjust enrichment, and negligent misrepresentation.
In a currently. pending dispute, a customer of Western International Securities seeks $358,000 in damages for allegations that an investment recommendation was unsuitable and misleading.
FINRA Case filed 06/09/2025.
Prior Resolved Customer Disputes:
- FINRA Case No. 22-01718: Filed 08/01/2022. Alleged unsuitability regarding corporate debt investments; settled for $225,000.
- FINRA Case No. 22-02475: Filed 10/28/2022. Alleged negligence and unjust enrichment; settled for $150,000.
- FINRA Case No. 22-01897: Filed mid-2022. Alleged negligence; settled for $150,000.
- FINRA Case No. 22-01109: Filed 05/24/2022. Alleged negligent misrepresentation; settled for $14,999, fully paid by Madison individually.
These allegations implicate FINRA Rule 2111 (Suitability), which requires that brokers have a reasonable basis to believe that recommended transactions are suitable for the customer, and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).
Allegations of Broker Misconduct Against Fariba Z. Madison
Customers of Fariba Madison have raised the following allegations:
- Negligence in recommending corporate debt instruments
- Unsuitable investment recommendations
- Unjust enrichment
Recover Your Investment Losses Now With Rex Securities Law
Investigations involving other Western International Securities brokers
Our Investigations of other Vanderbilt Securities Brokers
If you have suffered investment losses in an account handled by Fariba Z. Madison, contact us for a complimentary consultation with an experienced 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.