1.800.931.8452
We can help recover your investment loss. Free consultations, always. CONTACT US

Fordham Financial Management Broker, Dean Kajouras, Has Nine Customer Complaints And Multiple Disclosed Tax Liens

GPB Recover

Dean Kajouras (CRD # 1436548) is a Financial Advisor at Fordham Financial Management in New York, NY.  Dean Kajouras has been in the securities industry since 1985 and previously worked at Spartan Capital Securities and Garden State Securities.  Dean Kajouras also worked at three firms that have since been expelled by FINRA. 

According to publicy available records released by the Financial Industry Regulatory Authority (FINRA), Dean Kajouras has been the subject of nine customer complaints during his career and has one pending complaint, alleging sales practice misconduct.  Among the customer complaints include the following:

  • June 8, 2019—”Misrepresentation, breach of contract, breach of fiduciary duty, statutory and common law fraud, suitability.”  Alleged damages are $1.6 million and the matter remains pending. 
  • July 2017—”Excessive fees and commissions, suitability, over trading, concentration, breach of contract.”  The matter was settled for $15,000.
  • March 2016—”Without specificity, the Claimant is alleging unsuitability, churning, over concentration, unauthorized transactions, negligence, breach of contract, misrepresentation, and lost opportunity.”  The matter was settled for $12,500.
  • February 2013—”CUSTOMER EXPRESSED CONCERN WITH LOSSES IN HIS ACCOUNT, THE AMOUNT OF COMMISSION CHARGED DUE TO THE TRADING ACTIVITY IN HIS ACCOUNT, AS WELL AS OVER CONCENTRATION OF FUNDS IN A PARTICULAR POSITION.”  The matter was settled for $86,842.
  • September 2014—”CLAIMANT ALLEGES FAILURE TO SUPERVISE AGAINST APPLICANT AND APPLICANTS FORMER FIRM.”  The matter was settled for $87,500. 

In addition to the customer complaint disclosures, Dean Kajouras has five reported tax liens between 2017-2019.  This can often be an indication of irresponsibile financial management. 

For a copy of Dean Kajouras’s BrokerCheck report, click https://brokercheck.finra.org/individual/summary/1436548#disclosuresSection

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients.  To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis.  Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities.  Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.  We can be reached at 800.931.8452 or by email at mwolper@wolperlawfirm.com.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.

Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: (866) 330-5167
(954)-406-1231

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis

Additional Office Locations (by appointment only)

Atlanta

3355 Lenox Road
Suite 7
Atlanta, GA 30326

Indianapolis

13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016

Dallas

3102 Maple Ave.
Suite 400
Dallas, TX 75201

Irvine

2600 Michelson Drive
Suite 1700
Irvine, CA 92612

Portland

5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220

Denver

7900 E. Union Ave.
Suite 1100
Denver, CO 80237

Naperville

1700 Park Street
Suite 103
Naperville, IL 60563

Seattle

1001 Fourth Ave.
#3200
Seattle, WA 98154

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis