AVINESH K. SHANKAR is currently employed as a Broker and/or Investment Adviser at BBVA SECURITIES INC. located at 1150 West Kettleman Lane, Lodi, CA, 95240.
AVINESH K. SHANKAR has worked at BBVA SECURITIES INC. since October 30, 2013
Disclosure History
AVINESH K. SHANKAR has 2 Disclosure Event(s).
Date: December 05, 2016 Category: Customer Dispute Allegations: Customer purchased a third party equity linked Certificate of Deposit in July, 2016. Customer alleged that representative did not correctly disclose the CD term and that the value of the CD would fluctuate. Damage Amount Requested: $5,000.00 Settlement Amount: $17,850.00
Date: January 05, 2015 Category: Customer Dispute Allegations: IN APRIL, 2014, CUSTOMER PURCHASED THROUGH REPRESENTATIVE, WHO WAS ACTING IN HIS CAPACITY AS AN EMPLOYEE OF FIRM'S AFFILIATE BANK, A MARKET-LINKED CERTIFICATE OF DEPOSIT ISSUED BY FIRM'S AFFILIATE BANK. CUSTOMER CLAIMS THIS FDIC INSURED BANK DEPOSIT RELATIONSHIP IS NOT SUITABLE FOR HIM DUE TO HIS AGE, AND FURTHER RAISED SERVICE RELATED ISSUES. Damage Amount Requested: $10,000.00 Broker Comment: THERE WAS NO MONETARY SETTLEMENT IN CONNECTION WITH THIS MATTER. THE FIRM'S AFFILIATE BANK REDEEMED THE CD WITHOUT PENALTY TO THE CUSTOMER.
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