Were you a victim of TPEG Securities, LLC broker Sandeep Shrivastava (CRD# 5700831)? He has been registered with TPEG Securities, LLC in Southlake, Texas, since 2015.
Sandeep Shrivastava Customer Complaints
He has been the subject of four customer complaints between 2025 and 2026, according to his CRD report:
July 2026. “Customer alleges breaches of fiduciary duties in connection with the recommendation and sale of private placement investments by failing to conduct reasonable due diligence into the offerings and failing to consider the investor’s investment needs and objectives and make a suitable recommendation. Customer also alleges that certain information provided regarding customer’s private placement investments was materially inaccurate or incomplete.” The customer is seeking $5,000 in damages, and the case is currently pending. The complaint was regarding direct investment losses.
October 2025. “The client alleges he was drawn into several investments through statements by his registered representative that were materially false and misleading.” The customer sought $1,250,000 in damages, and the case was settled for $310,000. The complaint was regarding direct investment losses.
September 2025. “Customer alleges that he was misled and misinformed by Sandeep Shrivastava during the period May 2019 to August 2019 regarding the investment which were offered by TPEG Securities, LLC. Customer further alleges he was never made aware of the risks involved in private placements.” The customer is seeking $200,000 in damages. The complaint was regarding direct investment losses.
February 2025. “The client alleges that investments were not balanced and secure, which resulted in both realized and unrealized losses.” The customer sought $620,699 in damages, and the case was settled for $310,000. The complaint was regarding direct 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, TPEG Securities, LLC may be liable for investment or other losses suffered by Sandeep Shrivastava’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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