Investors have reportedly disputed the sales practices of securities broker Devin Shailesh Patel [CRD: 6632487, Tampa, Florida], according to public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Devin Patel worked for Sanford C. Bernstein Co. LLC from January 30, 2023, to September 17, 2025. Investors are encouraged to continue reading to learn more about Patel’s disclosures.
Notably, on November 27, 2024, a Foundations Investment Advisors LLC client filed Civil Action No. 2024CP4006968 about Devin Patel. Primarily, the client alleged that Patel made omissions, made unsuitable recommendations, and made misrepresentations. The claim also alleged breach of contract and unjust enrichment. For this reason, the client allegedly incurred damages linked to alternative investments and mutual funds. Therefore, the client requested compensatory damages from Foundations Investment Advisors LLC or Patel. Evidently, this civil suit awaits a resolution.
Particularly, a Financial Gravity Asset Management client filed Civil Action No. 23-CA-014156 about Devin Patel. Primarily, the client alleged that Patel made unsuitable recommendations in connection with over-the-counter equities and oil and gas investments. Because of this, the client allegedly sustained damages. Consequently, on June 23, 2025, Financial Gravity Asset Management settled this matter by paying the client $50,000 in damages.
Did you suffer any investment-related losses because of Devin Patel? Get in touch with Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities attorneys work on a contingency fee arrangement and advance all costs. Patel and brokerage firms Patel worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
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