Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on May 7, 2018 indicate that Oregon-based American Independent Securities Group broker/adviser Sam Pieh has received several customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Pieh (CRD# 1321892).
Sam Pieh has spent 33 years in the securities industry and has been registered with American Independent Securities Group in Lake Oswego, Oregon since 2015. Previous registrations include JHD Capital Advisors in Portland, Oregon (2012-2015); Paulson Investment Company in Portland, Oregon (2002-2012); First Union Securities in St. Louis, Missouri (1998-2002); Dain Rauscher in New York, New York (1998-1998); Dain Rauscher (1995-1998); Painewebber in Weehawken, New Jersey (1990-1995); Prudential-Bache Securities in New York, New York (1988-1990); Kidder Peabody & company (1985-1988); and the Equitable Life Assurance Society of the United States (1985). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 24, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 20, 1985; Series 3 (National Commodity Futures Examination), which he obtained on December 11, 1985; and Series 7 (General Securities Representative Examination), which he obtained on December 15, 1984. He is a registered broker and investment adviser with eight US states: California, Colorado, Iowa, Montana, New York, Oregon, Utah, and Washington.
According to his BrokerCheck report, he has received five customer complaints.
In April 2017 a customer alleged Sam Pieh, while employed at Paulson Investment Company and JHS Capital Advisors, breached his fiduciary duty, breached contract, committed fraud, misrepresented material facts, failed in his supervisory duties, violated state securities laws, violated FINRA conduct rules, and churned the account. The complaint settled in August 2017 for $42,000.
In 2002 a customer alleged Sam Pieh, while employed at Wachovia Securities, executed unauthorized trades, made unsuitable investment recommendations, and made excessive trades. The complaint settled in 2003 for $378,450.
In 2002 a customer alleged Sam Pieh, while employed at First Union Securities, made unsuitable investment recommendations, misrepresented material facts, and executed excessive trades. The complaint settled for $193,000.
In 2002 a customer alleged he, while employed at First Union Securities, recommended unsuitable trade and effected unauthorized transactions. The complaint settled for $560,302.
In 1998 a customer alleged he, while employed at Dain Rauscher, improperly handled her account and executed excessive trades. the complaint settled for $80,000.
If you or someone you know has lost money investing with Sam Pieh, call the experienced attorneys at 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: we only get 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.