Terry Dean Bahgat (Tarek Bahgat) Formerly Licensed with Cambridge Investment Research, Inc., Barred from Securities Industry and Accused of Theft – Goodman & Nekvasil P.A, May Recover Investor Losses
From 2010 until 2015, Tarek Bahgat was licensed with Cambridge Investment Research, Inc. Tarek Bahgat was then licensed with Gradient Securities, LLC.
FINRA brought a disciplinary action against Tarek Bahgat in 2017. Tarek Bahgat was barred from the securities industry for failing to respond to FINRA requests for information.
FINRA also reports that the United States Securities and Exchange Commission (SEC) filed a complaint against Tarek Bahgat alleging that he misappropriated money from seven of his investment advisory clients, many of whom were senior citizens. The SEC also alleges that in some instances, Tarek Bahgat, by obtaining internet bill-paying privileges, impersonated his clients in telephone calls with broker-dealers holding the client accounts and caused money to be transferred from his clients’ accounts to himself or to a company Tarek Bahgat controlled. The complaint is currently pending.
If you lost any money on investments with Tarek Bahgat, or if funds were misappropriated from you, you may be able to recover your losses from Cambridge Investment Research, Inc. and/or Gradient Securities, LLC. This is because Cambridge Investment Research, Inc. and Gradient Securities, LLC had a duty to supervise Tarek Bahgat.
If you lost money on investments with Tarek Bahgat, and believe that the investments may have been unsuitable or otherwise improper for you, or if funds were misappropriated from you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Cambridge Investment Research, Inc. and/or Gradient Securities, LLC, concerning Tarek Bahgat’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.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $170 million on behalf of victimized investors. If you lost money on any investments with Tarek Bahgat, or if funds were misappropriated from you, 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.
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