We help investors recover losses
If you were a client of this investment advisor, the securities lawyers at Halling & Cayo, S.C. would like to hear from you. We are analyzing potential claims related to the suitability of investments recommended by this broker.
The brokerage industry reports any customer complaints made against or involving a broker on their publicly available Brokercheck Report. These reports are essential for transparency in the financial industry.
Claim(s) Made Against Rajesh Markan:
Claim Date: 9/25/2024
“Allegations that representative created a bogus hedge fund, bogus prospectuses and other materials to share with Claimants to solicit fraudulent investment.”
This claim, as of this posting, is currently Settled with a claim amount of $200,000.00 .
The investor was paid $255,000.00 by the brokers’ firm.
Claim Date: 11/25/2024
“Client alleges that she was solicited by her Financial Advisor to invest in an outside investment that was fraudulent. She also alleges misappropriation of funds.”
This claim, as of this posting, is currently Settled with a claim amount of $300,000.00 .
The investor was paid $142,500.00 by the brokers’ firm.
Claim Date: 8/20/2024
“Theft of customer funds by recommending a fraudulent investment.”
This claim, as of this posting, is currently Settled with a claim amount of $300,000.00 .
The investor was paid $365,000.00 by the brokers’ firm.
Claim Date: 2/18/2025
“Clients allege that they were solicited by their Financial Advisor to invest in an outside investment that was fraudulent. They also allege misappropriation of funds.”
This claim, as of this posting, is currently Settled with a claim amount of $500,000.00 .
The investor was paid $410,000.00 by the brokers’ firm.
Claim Date: 11/1/2024
“Client alleges that he was solicited by his Financial Advisor to invest in an outside investment that was fraudulent. He also alleges misappropriation of funds.”
This claim, as of this posting, is currently Settled with a claim amount of $500,000.00 .
The investor was paid $137,500.00 by the brokers’ firm.
Claim Date: 10/23/2024
“Clients allege that they were solicited by their Financial Advisor to invest in an outside investment that was fraudulent. They also allege misappropriation of funds.”
This claim, as of this posting, is currently Settled with a claim amount of $1,200,000.00 .
The investor was paid $785,000.00 by the brokers’ firm.
See more information on FINRA’s BrokerCheck site for Rajesh Markan.