Narinder Kaur Singh (Narinder Dutt) – Customer Disputes Filed Alleging Sales Practice Violations Against Financial Advisor/Broker Narinder Dutt | Goodman & Nekvasil P.A., May Recover Investor Losses
-Update 9/1/20- Narinder Dutt has been barred from the securities industry by FINRA
Narinder Dutt was a previously licensed financial advisor/broker with Farmers Financial Solutions, LLC., Proequities, Inc. and Transamerica Financial Advisors, Inc. According to Narinder Dutt’s BrokerCheck Report, three customer disputes have been filed alleging sales practice violations against Narinder Dutt.
Customer Dispute (12/23/19): Claimant alleges that Narinder Dutt solicited him to invest $50,000 in an investment contract that guaranteed him 5% interest for 6 months. Claimant alleges that he wrote check to a company controlled by Narinder Dutt. This customer dispute is pending.
Customer Dispute (9/26/19:): Claimants allege Narinder Singh induced them to invest $412,500 into an investment contracts with a company Narinder Singh controlled (Express Asset and Wealth Management, Inc.). Claimants allege first investment of $300,000 on or about Jan. 30, 2015 and second investment of $112,500 on or about Jan. 9, 2017. This customer dispute seeks $1,237,500 in damages.
Customer Dispute (9/24/19): Claimants allege Narinder Dutt invested their funds into a fraudulent investment that appears to have actually gone to business controlled by the representative. This customer dispute settled for $250,000.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost any money on investments with Narinder Dutt, you may be able to recover your losses. If you lost money on investments with Narinder Dutt and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Narinder Dutt’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Narinder Dutt and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 6/23/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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