Investor Alert: FINRA banned Merrill Lynch advisor Kajo Movsesian for failing to follow FINRA rules

/

Furgison Law Group is looking at cases against Merrill Lynch related to possible misconduct by Kajo Movsesian

Matthew Martin Howley

Furgison Law Group is currently investigating claims against Merrill Lynch related to possible misconduct by Kajo Movsesian (CRD #6762326). According to FINRA, Movsesian consented to the sanction and to the entry of findings that he refused to provide information and documents requested by FINRA during an investigation into the disclosures made in a Form U5 filed by his former member firm that reported that it had initiated an internal review of him for conduct inconsistent with firm standards regarding personal bank accounts.

When Kajo Movsesian refused to produce requested documents to FINRA in February 2019, the regulator barred him from the securities industry.

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.

Can I recover my investment losses?

If you lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Kajo Movsesian at Merrill Lynch, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.