Soreide Law Group, (888) 760-6552, recently obtained the following information from FINRA's website under “Disciplinary and Other FINRA Actions, April, 2016.”
Bahram Mirhashemi (CRD #2937037, Newport Coast, California)
was barred by FINRA for allegedly churning clients accounts, engaging in excessive and unauthorized trading and making unsuitable recommendations to clients.
Bahram Mirhashemi consistently spread mutual fund purchases across multiple fund families, and failed to obtain break point discounts for clients. These short-term mutual fund trades were both excessive and unsuitable, and cost the clients more than $150,000 in commissions. Bahram Mirhashemi also churned clients’ accounts by conducting short-term equity trades in customer accounts. Such trading was unsuitable and cost the clients more than $665,000 in overall commissions.
FINRA’s findings also stated that Bahram Mirhashemi willfully filed false and misleading Forms U4, and failed to file Forms U4 to disclose his liens, problems with creditors and an outside business activity.
Also, FINRA’s findings included that Bahram Mirhashemi distributed materially false and misleading communications to clients.
(FINRA Case #2012033566201)
Bahram Mirhashemi has worked 18 years in the securities industry. FINRA has permanently barred Bahram Mirhashemi from acting as a broker or otherwise associating with firms that sell securities to the public. He was previously registered with the following firms:
09/2012 - 01/2016 ACCELERATED CAPITAL GROUP - IRVINE, CA
09/2010 - 09/2012 AMERIPRISE FINANCIAL SERVICES, INC. - ARTESIA, CA
06/2005 - 09/2010 WELLS FARGO INVESTMENTS, LLC (CRD# 10582) - PICO RIVERA, CA
12/1998 - 06/2005 WM FINANCIAL SERVICES, INC. (CRD# 599) - IRVINE, CA
If you feel you have become a victim of churning or excessive trading, or if your broker made unsuitable recommendations to you and you experienced financial losses, call Soreide Law Group and speak to a lawyer at no cost regarding the possibility of recovering your losses at: 888-760-6552.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com