Last Updated: October 2023 (Costa Mesa, CA)
Shahab Tagnavidinani Investigation Summary
Here’s what you need to know about Costa Mesa, CA, stockbroker Sean Tag:
- Name: Mr. Shahab Seyedshahab Tagnavidinani
- Current Employer: Sovereign Global Advisors, dba BGA Insurance
- Previous Firms: Park Avenue Securities, Union Capital Company
- Function: Stock Broker/ Financial Advisor
- Aliases: Sean Tag, Sean Taghavi
- Primary Location: Costa Mesa, CA
- CRD 2503652
- Can Sean Tag be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
FINRA Allegations of Broker Misconduct Against Shahab Tagnavidinani- Unauthorized Trading in Account of Deceased Customer
In 5/2023 FINRA suspended Tagnavidinani for 45 days (ending 7/19/2023), fined him $5,000 and ordered disgorgement of $1,999 to resolve allegations that he placed unauthorized trades in a deceased customer’s account. The customer died in January 2021 and November 2021 Tagnavidinani placed unauthorized buy and sell orders in the account. Although he discussed some of the trades with surviving members of the customer’s family, none of those individuals had trading authority over the account.
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 Sean Tag, 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.