Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 16, 2016 indicate that Iowa- and Minnesota-based MML Investors Services broker/adviser Sahand Elmtalab has been the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Elmtalab (CRD# 5484654).
Sahand Elmtalab has spent eight years in the securities industry and has been registered with MML Investors Services in Minneapolis, Minnesota and West Des Moines, Iowa since 2013. Previous registrations include Northwestern Mutual Investment Services in Edina, Minnesota. He is a registered broker and investment adviser with 19 US states and territories.
According to his BrokerCheck report, Sahand Elmtalab has received three customer complaints and resigned from Northwestern Mutual Investment Services.
In 2014, a customer alleged Sahand Elmtalab, while employed at MML Investors Services, made recommendations that incurred previously undisclosed surrender fees and tax consequences. The complaint settled for $13,000.
In 2013, a customer alleged Sahand Elmtalab, while employed at Northwestern Mutual Investment Services, recommended an unsuitable variable life insurance product. The complaint settled for more than $5,400.
In 2013, Sahand Elmtalab was “permitted to resign” from his position at Northwestern Mutual Investment Services “while under internal review for allegedly completing the continuing education course requirements for another representative.”
In 2010, a customer alleged Sahand Elmtalab, while employed at Northwestern Mutual Investment Services, forged documents related to long-term care insurance. The complaint settled for more than $1,000.
If you have lost money investing with Sahand Elmtalab, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim might be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.