Advisor Alert: Our Attorneys Are Investigating Akhil Kumar For Investment Fraud
Did You Lose Money Because of Akhil Kumar of Cadaret, Grant & Co. and Arch Global Advisors?
Filed: October 20, 2023
Akhil Kumar currently has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Akhil Kumar.
Who Is Akhil Kumar of Cadaret Grant & Co., Inc. and Arch Global Advisors, LLC?
- Advisor Name: Akhil Kumar
- Aliases: Akhil Kumar
- CRD: 4716564
- Location: New York, New York
- Current Employer: Cadaret Grant & Co., Inc. and Arch Global Advisors, LLC
- Previous Firms: Cambridge Investment Research, Inc., Voya Financial Advisors, Inc., and National Securities Corporation
- Number of Known Customer Complaints: 1
- Can Akhil Kumar Be Sued: Yes, in Private Arbitration
- Can Akhil Kumar’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $55,000
If you have suffered investment losses by Akhil Kumar, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Akhil Kumar For Broker Misconduct
As of this publication date, Akhil Kumar has been targeted in 1 customer dispute. Let’s review it below.
In March 2020, a FINRA arbitration was filed against or in reference to Akhil Kumar by customers of Voya Financial Advisors, Inc. alleging that Mr. Kumar engaged in unsuitable recommendations with respect to various fixed and indexed life insurance policies, and a fixed index annuity. Per the customers, they lost over $1,000,000 due to Mr. Kumar’s actions. On April 1, 2023, Mr. Kumar settled the claim for $55,000, and some or all of this amount may have been paid by Mr. Kumar’s employer and/or insurance carrier.
How To File A Claim Against Akhil Kumar of Cadaret, Grant & Co., Inc. and Arch Global Advisors, LLC (previously with Cambridge Investment Research, Inc., Voya Financial Advisors, Inc., and National Securities Corporation) To Get Your Money Back.
If you have questions about Akhil Kumar, Cadaret Grant & Co., Inc., Arch Global Advisors, LLC, Cambridge Investment Research, Inc., Voya Financial Advisors, Inc., National Securities Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.