Erez Law is currently investigating Royal Alliance Associates, Inc. broker Kaled Khaznehkatbi (CRD# 5726875), who is accused of annuity investment losses. He has been registered with Osaic Wealth, Inc. in Bloomfield Hills, Michigan, since 2018.
Kaled Khaznehkatbi Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
March 2023. “The Claimant alleges that the financial professional should not have surrendered her annuity and reinvested the funds with an investment advisor.” The customer is seeking $146,000 in damages, and the case is currently pending. The complaint took place while he was registered with Royal Alliance Associates, Inc.
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, Royal Alliance Associates, Inc. may be liable for investment or other losses suffered by Kaled Khaznehkatbi’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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