(720) 599-3505

WARNING! Impending Investigation–JAY SOOJIAN and NEW ENGLAND SECURITIES

SEARCH OUR BLOGS
21
Jul

WARNING! Impending Investigation–JAY SOOJIAN and NEW ENGLAND SECURITIES

Posted by admin | 0 Comment

Jay Soojian and New England Securities

In a recent disciplinary action, FINRA (the Financial Industry Regulatory Authority) barred a former New England Securities financial advisor from Wayne, New Jersey named Jay Soojian.  Jay Soojian sold at least $775,000 in interests in Osiris Fund Limited Partnership. Soojian recommended these investments in Osiris to his customers without adequately disclosing the civil and criminal history of one of Osiris’ principals.

Jay Soojian was a registered representative and financial advisor with New England Securities from 2000 to August 2011.  Soojian was also a financial advisor with Park Avenue Securities from September 2011 to October 2012.  In 2013, the New Jersey Bureau of Securities also suspended Soojian for 10 years from the securities industry for conduct related to Osiris.  If you lost money with Jay Soojian through recommendations to invest in the Osiris Fund Limited Partnership, Jay Soojian and/or New England Securities could potentially be liable for losses stemming from the unsuitable or inappropriate trading.

Broker-dealers like New England Securities have a responsibility to adequately supervise all representatives who are registered through their firms.  Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations, such as the requirement to make suitable investment recommendations.  Financial advisors have a duty to disclose material risks of an investment to a customer.  When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.  If you have lost money through Jay Soojian and/or Osiris Fund Limited Partnership and want to hear about ALL legal options, please visit https://www.israelsneuman.com/ or call us at 720-599-3505.

FREE CASE EVALUATION

DENVER: (720) 599-3505

SEATTLE: (206) 795-5798


Copyright © 2019 Israels Neuman, PLC. All Rights Reserved | Sitemap

Marketing Webmasters | Developed By TRIGUNS