Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on December 25, 2016 indicate that California-based Euro Pacific Capital broker/adviser Hemant Kathuria has received resolved or pending customer disputes. The experienced attorneys at Fitapelli Kurta are interested in speaking to investors who have complaints regarding Mr. Kathuria (CRD# 5380092).
Hemant Kathuria has spent nine years in the securities industry and has been registered with Euro Pacific Capital in El Segundo, California since 2007. He was previously registered with Digital Offering in Laguna Beach, California and is currently registered with 51 US states and territories.
According to his BrokerCheck report, Hemant Kathuria has received one customer complaint and one pending customer complaint.
In October 2016 a customer alleged Hemant Kathuria, while employed at Euro Pacific Capital, acted negligently, made unsuitable recommendations, misrepresented and omitted material facts, breached his fiduciary duty, failed to supervise, violated FINRA rules, and breached contract. The customer is seeking more than $791,000 in damages in the pending complaint.
In 2011 a customer alleged Hemant Kathuria, while employed at Euro Pacific Capital, made unsuitable recommendations. The complaint settled for $14,950.
FINRA Rule 3110(a)(2) requires broker-dealer firms to assign “an appropriately registered principal(s)” to perform supervisory duties for every type of business the firm conducts. Principals are required to ensure the compliance of individual representatives as well as the firm as a whole. Relevant issues include the representatives’ character and qualifications, outside employment, and regulation of business transactions. Representatives may not engage in outside business activities or securities transactions without providing written notice to their supervising principals. Principals who fail in their supervisory duties may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you have complaints regarding Hemant Kathuria, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.