SHAPOUR JAVADIZADEH

SHAPOUR JAVADIZADEH is currently employed as a Broker and/or Investment Adviser at RJJ PASADENA SECURITIES, INC. located at 625 FAIR OAKS AVE STE #125, SUITE 125, SOUTH PASADENA, CA, 91030.

SHAPOUR JAVADIZADEH has worked at RJJ PASADENA SECURITIES, INC. since December 01, 1980

Disclosure History

SHAPOUR JAVADIZADEH has 1 Disclosure Event(s).

Date: September 25, 2006
Category: Customer Dispute
Allegations: NEGLIGENCE; UNSUITABILITY; MISREPRESENTATION; FRAUD; IMPROPER UTILIZATION OF MARGIN; BREACH OF FIDUCIARY DUTY; CHURNING; BREACH OF CONTRACT; BREACH OF IMPLIED COVENANT OF GOOD FAITH AND FAIR DEALING; LOSS OF INVESTMENT OPPORTUNITY
Damage Amount Requested: $175,000.00
Broker Comment: THIS WAS AN ABSOLUTELY INSANE CASE. THE CLIENT INVESTED $500K AND TOOK OUT $986K WHICH REPRESENTED A 8.72% AVERAGE ANNUAL RETURN FOR THE PERIOD THE ACCOUNT WAS OPEN. ALL THIS IN SPITE OF THE DOW DROPPING 38%, NASDAQ DOWN 78% AND S & P 500 DOWN 42%. OUR ATTORNEY MANAGED TO LOSE THIS CASE ON CHARGES OF SUITABILITY! IS THIS INCREDIBLE OR WHAT? ARBITRATORS TOTALLY IGNORED THE FACTS AND PUNISHED US BECAUSE OF BAD BEHAVIOR ON THE PART OF OUR ATTORNEY WHO ARGUED WITH THEM ALL 5 DAYS INSTEAD OF ARTICULATING THE CASE. I FEEL THAT JUSTICE WAS DEFINIETLY NOT SERVED IN THIS CASE, ESPECIALLY WHEN WE HAVE NO RIGHT TO APPEAL.

More Information

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