Broker Yassin Mohamed (CRD #1673281) is a barred broker who formerly worked for National Securities Corporation (CRD#: 7569). His other former employers include Morgan Stanley (CRD#: 149777), UBS Financial Services Inc. (CRD#: 8174), and Prudential Securities Incorporated (CRD#: 7471).
Mohamed is the subject of five disclosures, including 2 customer disputes, 2 regulatory disputes, and 1 termination.
The first customer dispute was filed on 2/7/2017, and “Claimant alleged, inter alia, excessive trading with respect to trust accounts – 2012 to 2016.” The claimants requested damages of $3,500,000. The case was settled for $457,034.
The next customer dispute was filed on 4/13/2017. The allegation disclosed was “Claimant alleged, inter alia, excessive trading with respect to investments in clients’ accounts – 2012 to 2016.” The claimant requested damages of $2,000,000 and the case settled for $602,717.
An “Employment Separation After Allegations” disclosure was filed on 6/2/2017, which states that Mohamed was discharged for allegations “regarding registered representative’s failure to verbally confirm transactions prior to execution in clients’ accounts.”
A disclosure filed on 8/21/2018 states that Mohamed was indefinitely barred for allegation that “Respondent Yassin failed to respond to FINRA request for information.”
The final regulatory disclosure, filed on 10/29/2018, states allegations: “Respondent Mohamed Yassin failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.”
Silver Law Group represents investors in securities and investment fraud cases against stock brokers. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases are handled on a contingent fee basis, meaning that you won’t owe us until we recover your money for you. Contact us today and let us know how we can help.