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Niraj Bhandhari and Misrepresentation Allegations

Niraj BhandariPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 17, 2016 indicate that Georgia-based Morgan Stanley broker/adviser Niraj Bhandhari has been the subject of a customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Bhandari (CRD# 2566976).

Niraj Bhandari has spent 20 years in the securities industry and has been registered with Morgan Stanley in Atlanta, Georgia since 2014. Previous registrations include H&W Strategic Partners in Atlanta, Georgia; Purshe Kaplan Sterling Investments in Atlanta, Georgia; FSC Securities Corporation in Atlanta, Georgia; Triad Advisors in Atlanta, Georgia; Securities America in Atlanta, Georgia; Cap Pro Brokerage Services in Columbus, Ohio; and Allmerica Investments in Worcester, Massachusetts.

According to his BrokerCheck report, Niraj Bhandari has received three customer complaints.

In 2010, a customer alleged Niraj Bhandari, while employed at Securities America, misrepresented material facts related to an unsuitable investment in medical capital, committed fraud, breached his fiduciary duty, and acted negligently. The complaint settled in 2011 for more than $46,400.

In 2010, a customer alleged Niraj Bhandari, while employed at Securities America, misrepresented material facts related to an investment, recommended an unsuitable investment, breached his fiduciary duty, and improperly allocated assets. The complaint settled in 2011 for more than $46,400.

In 2010, a customer alleged Niraj Bhandari, while employed at Securities America, misrepresented and omitted material facts related to an investment, and recommended an unsuitable investment in medical capital. The complaint settled in 2011 for more than $46,400.

If you or someone you know has lost money investing with Niraj Bhandari, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: Fitapelli Kurta only gets paid if and when you collect 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.