Were You a Victim of Voya Financial Advisors, Inc. Broker Rajeswaran Venkatraman?
Posted on Wednesday, January 6th, 2021 at 12:01 am
There are options for customers of Voya Financial Advisors, Inc. broker Rajeswaran Venkatraman (CRD# 1383008). Venkatraman has been registered with Voya Financial Advisors, Inc. in Lisle, Illinois since 2011.
Venkatraman has been the subject of three customer complaints between 1995 and 2020, one of which was denied, according to his CRD report. The most recent complaint is regarding:
December 2019. “Claimants allege that in or around 2013, alternative investments sold to them totaling $793,000 were unsuitable for their risk profile.” The customer sought $100,000 in damages and the case was settled for $110,000. The complaint was regarding direct investments and real estate securities.
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, Voya Financial Advisors, Inc. may be liable for investment or other losses suffered by Venkatraman’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.