Fidelity Brokerage Services LLC Broker John Bassmaji Stock Loss Options

Fidelity Brokerage Services LLC

There are options for clients of Fidelity Brokerage Services LLC broker John Bassmaji (CRD# 6448660), who is accused of stock losses. He has been registered with Fidelity Brokerage Services LLC in Schaumburg, Illinois, since 2016, and with Fidelity Personal And Workplace Advisors in Boston, Massachusetts, since 2018.

John Bassmaji Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

April 2023. “Customer alleged that the representative made an unsuitable recommendation to liquidate a stock that cause a tax event.” The customer is seeking $150,000 in damages and the case is currently pending. The complaint was regarding common and preferred stocks investment losses. 

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Fidelity Brokerage Services LLC may be liable for investment or other losses suffered by John Bassmaji’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.