Investors have reportedly disputed the sales practices of securities broker Shalom Azar [CRD: 7125424, Hackensack, New Jersey], based on public information on FINRA BrokerCheck. Evidently, Shalom Azar has been registered with Wells Fargo Advisors Financial Network LLC since July 22, 2025, and previously worked for Morgan Stanley in Paramus, New Jersey, from July 22, 2021, to August 20, 2025, and for Merrill Lynch in Stamford, Connecticut, from August 1, 2019, to July 23, 2021. See below to discover more about the disclosures concerning Shalom Azar.
Notably, on August 29, 2025, a Morgan Stanley client filed a complaint about Shalom Azar. Mainly, the client alleged that Azar made misrepresentations of material fact regarding commissions charged on individual trades and the creation of a managed account. For this reason, the client allegedly incurred damages connected to managed accounts. As a result, the client requested compensation from Morgan Stanley or Azar.
Specifically, a client of Morgan Stanley disputed Shalom Azar’s sales practices, according to a complaint dated August 19, 2025. Allegedly, Azar charged excessive commissions by making stock purchases in a commission-based account and then transferring the positions into a managed account where an advisory fee was also assessed. It appears that Azar allegedly caused the client to sustain damages. Consequently, the client sought compensation from Morgan Stanley or Azar in this matter.
Also, on August 5, 2025, a Morgan Stanley client filed a complaint about Shalom Azar. Primarily, the client alleged that Azar made misrepresentations of material fact regarding commissions charged on stock trades and a placement fee on an alternative investment. Because of this, the client allegedly sustained damages linked to managed accounts. Therefore, the client requested compensation from Morgan Stanley or Azar.
Notably, a client of Morgan Stanley contested Shalom Azar’s sales practices, according to a complaint. Allegedly, Azar made misrepresentations of material fact concerning purchases of stocks in a commission-based account that were later transferred into a managed account, resulting in additional advisory fees. It appears that Azar caused the client to sustain damages relating to stocks. Therefore, Morgan Stanley opted to settle the matter on July 23, 2025, by compensating the client in the amount of $195,713.69.
Particularly, on July 22, 2025, Morgan Stanley disaffiliated with Azar. Evidently, Morgan Stanley alleged that Azar moved client positions between different account types.
Did you suffer any investment-related losses because of Shalom Azar? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Azar and brokerage firms Azar worked for deny accusations of sales practice violations.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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