Last Updated: January 2025 (Norcross, GA)
Rajesh Jyotishi Investigation Summary
Here’s what you need to know about Norcross, GA Stockbroker Rajesh C. Jyotishi:
- Name: Rajesh C. Jyotishi
- Current Employer: Dempsey Lord Smith, LLC
- Prior Employers:
- Kovack Securities, Inc. (October 2014–December 2014)
- Resource Horizons Group, LLC (2010–2014)
- FSC Securities Corporation (2003–2007)
- Washington Square Securities, Inc. (1994–2001)
- Function: Stockbroker / Financial Advisor
- Aliases: Rajesh Jyotishi
- Primary Location: Norcross, GA
- CRD Number: 2204676
- Can Rajesh Jyotishi Be Sued in FINRA Arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $20,000
- Pending Customer Dispute: Yes
If you’ve sustained damages from Mr. Jyotishi, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Rajesh Jyotishi as Your Stockbroker?
Rajesh Jyotishi has faced allegations of unsuitable recommendations and misrepresentation of investments. Notable disclosures include:
- Customer Dispute – Settled
- Date of Complaint: June 21, 2010
- Allegations: Customers alleged variable annuities they purchased were misrepresented and unsuitable.
- Settlement Amount: $20,000 (February 12, 2012)
- FINRA Case Number: 10-02692
- Customer Dispute – Currently Pending
- Date of Filing: November 5, 2024
- Allegations by Customer of Dempsey Lord Smith: Unsuitability, misrepresentation, and breach of fiduciary duty related to direct investments (DPP & LP interests).
- Status: Pending arbitration before FINRA.
- Damages: seek Statutory and consequential damages as well as punitive damages. No amount yet specified.
- Case Number: 24-02384
These cases highlight ongoing concerns regarding the suitability and transparency of investment advice.
Allegations of Broker Misconduct Against Rajesh Jyotishi
Customers and regulatory filings have alleged the following misconduct against Rajesh Jyotishi:
- Misrepresentation and Unsuitable Recommendations: Allegations of providing inappropriate advice regarding variable annuities, a violation of FINRA Rule 2111 (Suitability Rule).
- Breach of Fiduciary Duty: Claims involving failure to act in the client’s best interest regarding direct investment opportunities.
- Improper Disclosure: Inadequate explanations of investment risks, which may contravene FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).
See this for our prior investigations of cases involving Annuities
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other Dempsey Lord Smith brokers
If you have suffered investment losses in an account handled by Rajesh C. Jyotishi, 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.