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Independent Financial broker Angelo Talebi: Complaints

stockfraud-wallstreetThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding California-based Independent Financial broker/adviser Angelo Talebi (CRD# 2243829).

Angelo Talebi has spent 23 years in the securities industry and has been registered with Independent Financial Group in Beverly Hills, California since 2014. Previous registrations include Royal Alliance Associates in Beverly Hills, California (2012-2014); LPL Financial in Beverly Hills, California (1999-2012); Securities America in La Vista, Nebraska (1995-1999); and Quest Capital Strategies in Lake Forest, California (1992-1995). Mr. Talebi is a registered broker and investment adviser in eleven US states.

According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, Angelo Talebi is the subject of nine customer complaints, seven pending customer complaints, eight denied customer complaints, and one FINRA investigation.

  • In September 2015 a customer alleged Angelo Talebi, while employed at LPL Financial, misrepresented and recommended unsuitable investments in a real estate investment trust (REIT) and a variable annuity, made excessive trades, and unsuitably used margin. The customer is seeking $400,000 in damages in the pending complaint.
  • In September 2015 a customer alleged Angelo Talebi, while employed at LPL Financial, recommended an unsuitable investment in a LEAF equipment finance fund. The customer is seeking $108,000 in damages in the pending complaint.
  • In September 2015 a customer alleged Angelo Talebi, while employed at LPL Financial, unsuitably recommended an investment in a LEAF limited partnership. The customer is seeking $40,000 in damages in the pending complaint.
  • In June 2015 a customer alleged Angelo Talebi, while employed at LPL Financial, misrepresented and recommended an unsuitable investment in a KBS REIT. The customer is seeking $100,000 in damages in the pending complaint.
  • In June 2015 a customer alleged Angelo Talebi, while employed at LPL Financial, executed excessive trades, used margin, and unsuitably recommended investments in a variable life insurance policy and an illiquid REIT. The customer is seeking unspecified damages in the pending complaint.
  • In May 2015 a customer alleged Angelo Talebi, while employed at LPL Financial, misrepresented and recommended an unsuitable investment in a LEAF limited partnership. The customer is seeking $100,000 in damages in the pending complaint.
  • In 2014 a customer alleged Angelo Talebi, while employed at LPL Financial, misrepresented and recommended unsuitable investments in REITs and LEAF equipment finance funds. The customer is seeking more than $157,200 in the pending complaint.

If you have lost money investing with Angelo Talebi, you may be able to collect a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you receive money. By law there is a limited window to file claims, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.