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Bahram Mirhashemi is Permanently Barred

 Bahram MirhashemiPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on May 11, 2016 indicate that former California-based Accelerated Capital broker Bahram Mirhashemi has been permanently barred from acting as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Mirhashemi (CRD# 2937037).

Bahram Mirhashemi has spent 18 years in the securities industry and was most recently registered with Accelerated Capital Group in Irvine, California (2012-2016). Previous registrations include Ameriprise Financial Services in Artesia, California (2010-2012); Wells Fargo Investments in Pico Rivera, California (2005-2010); WM Financial Services in Irvine, California (1998-2005); National Securities in Seattle, Washington (1998); and Waldron & Company, which has since been expelled by FINRA, in Irvine, California (1997-1998). He is currently not registered with any state or firm.

According to his BrokerCheck report, Bahram Mirhashemi is the subject of one customer complaint, two regulatory sanctions, one pending regulatory sanction, and four pending customer complaints.

In February 2016, FINRA sanctioned Bahram Mirhashemi following allegations he “placed trades in the accounts of customers for which he rarely obtained the requisite authorization” and additionally engaged in “excessive and unsuitable trading for the purpose of generating commissions.” He was permanently barred from the securities industry.

In February 2016, FINRA sanctioned Bahram Mirhashemi following allegations he failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information. He was suspended from acting in any capacity in the securities industry.

In January 2016, a customer alleged that Bahram Mirhashemi, while employed at Accelerated Capital Group, engaged in unauthorized trading. The customer is seeking unspecified damages in the pending complaint.

In December 2015, a customer alleged that Bahram Mirhashemi, while employed at Accelerated Capital Group, engaged in excessive and unauthorized trading. The customer is seeking unspecified damages in the pending complaint.

In July 2015, a customer alleged that Bahram Mirhashemi, while employed at Accelerated Capital Group, engaged in excessive and unauthorized trading. The customer is seeking $68,000 in damages in the pending complaint.

In 2015, a customer alleged that Bahram Mirhashemi, while employed at Accelerated Capital Group, committed trading violations. The customer is seeking unspecified damages, believed to exceed $5,000, in the pending complaint.

In 2013, a customer alleged that Bahram Mirhashemi, while employed at Ameriprise Financial Services, caused poor performance between January 2012 and July 2012. The complaint settled for more than $135,400.

In 2012, Bahram Mirhashemi was discharged from his position at Ameriprise Financial Services following allegations he violated company policies regarding suitability, U4 updates, and discretion.

If you or someone you know has lost money investing with Bahram Mirhashemi, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.