Broker Mirsad Muharemovic Faces Arive Investor Dispute About Alleged Unsuitable Trading

FINRA BrokerCheck indicates that investors alleged sales practice violations involving securities broker Mirsad A. Muharemovic “Mirso Muharemovic” (CRD#: 3122589, Staten Island, New York) and that those violations resulted in damages. Particularly, Muharemovic, who worked for securities firms Arive Capital Markets (his employer since June 9, 2016) and Seaboard Securities (his employer from 2001 to 2002), faces allegations of excessive and unsuitable trading. Check out the following information as reported on BrokerCheck. However, bear in mind that the broker denies committing improper sales practices.

Arive Capital Markets Client Alleges Churning In Dispute About Mirsad Muharemovic

Specifically, an Arive Capital Markets client expressed concerns about Mirsad Muharemovic’s sales practices, as BrokerCheck shows that the client lodged an investment dispute on August 13, 2019. It appears that Muharemovic or his employer caused damages to the client through their investments in common and preferred stock. The client’s causes of action against the securities firm include churning, excessive trading, and unsuitable trading. The securities broker denies the allegations of unreasonable sales practices. Still, the securities firm agreed to compensate the client in the amount of $115,000 on May 21, 2021.

Client Alleges Unsuitable Stock Trading By Muharemovic At Arive Capital Markets

Particularly, a client objected to Mirsad Muharemovic’s actions as a securities broker while working for Arive Capital Markets, as the client brought an investment dispute on July 16, 2019. inappropriate sales practices in this investment dispute purportedly include unsuitable trading. Supposedly, Muharemovic caused the client to incur damages relating to the client’s investments in equities. It appears that the client received $72,500 in damages from the securities firm in the settlement of the investment dispute on October 23, 2020. However, the securities broker denies the allegations of improper sales practices.

Seaboard Securities Client Receives Arbitration Award After Alleging High-Pressure Sales Tactics, Excessive Margin

It appears that a Seaboard Securities client took issue with Mirsad Muharemovic’s activities as a securities broker, according to a dispute. Mainly, the client makes allegations of high-pressure sales tactics, misrepresentation, and excessive margin. Notably, Muharemovic allegedly caused the client to experience damages as a result of his actions relating to over-the-counter equities. It appears that the client received a $35,000 award in damages.

Did You Face Financial Harm Because Of Mirsad Muharemovic?

Did Mirsad Muharemovic directly or indirectly cause you to suffer losses? If so, get in touch with Soreide Law Group at (888) 760-6552 to discuss with a skilled securities lawyer the possible recovery of your losses. Soreide Law Group represents investor clients on a contingency fee basis. Also, we advance all costs. The firm has helped many investors in the US recover compensation after incurring losses caused by their financial advisors or securities brokers. Please note that Muharemovic denies the allegations of sales practice violations.

Lars Soreide AVVO 2020 Top Lawyer

CONTACT US