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Anil Bhandari: Broker Has Customer Complaints

Anil BhandariThe securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against New York-based UBS broker Anil Bhandari (CRD# 1211617).

Anil Bhandari has spent 32 years in the securities industry and has been registered with UBS Financial Services in New York, New York since January 2015. Previous registrations include Morgan Stanley in New York, New York (2009-2015); Citigroup Global Markets in New York, New York (2000-2009); and Bear Stearns & Company in New York, New York (1983-2000). He is a registered broker in 25 US states and territories.

According to his BrokerCheck report, Anil Bhandari is the subject of one customer complaint and four closed or denied customer complaints.

In 2011 a customer alleged Anil Bhandari, while employed at Morgan Stanley, failed to follow instructions with respect to the liquidation of an alternative hedge fund investment. The complaint settled in 2013 for $23,000.

In 2002 a customer alleged Anil Bhandari, while employed at Salomon Smith Barney, failed to follow instructions, instead executing numerous short term trades and generating large commissions. The customer sought unspecified damages in the complaint, which was denied.

In 2002 a customer alleged Anil Bhandari, while employed at Salomon Smith Barney, disregarded her investment wishes. The customer sought unspecified damages in the complaint, which was closed.

In 2001 a customer alleged Anil Bhandari, while employed at Salomon Smith Barney, did not manage their account according to the listed risk tolerance, failed to properly diversify, and used an excessive trading policy. The customer sought $850,000 in damages in the complaint, which was denied.

In 2001 a customer alleged Anil Bhandari, while employed at Salomon Smith Barney, failed to follow instructions. The customer sought unspecified damages in the complaint, which was denied.

If you have lost money investing with Anil Bhandari, you may be entitled to recover lost funds. 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 recover money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.