Advisor Alert: Our Attorneys Are Investigating Dharmesh Vora For Investment Fraud
Did You Lose Money Because of Dharmesh Vora?
Filed: March 19, 2024
Dharmesh Vora (also known as Dharmesh Virendra Vora) currently has five (5) pending customer complaints. Overall, he has been the subject of nine (9) customer complaints and one (1) investigation. 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 Dharmesh Vora.
Who Is Dharmesh Vora of Vora Wealth Management, PLLC?
- Advisor Name: Dharmesh Vora
- Aliases: Dharmesh Virendra Vora
- CRD: 2629494
- Location: Flagstaff, Arizona
- Current Employer: Vora Wealth Management, PLLC
- Previous Firms: Global Financial Private Capital, LLC and North Harbor Advisers
- Number of Known Customer Complaints: 9
- Number of Known Investigations: 1
- Can Dharmesh Vora Be Sued: Yes, in Private Arbitration
- Can Dharmesh Vora’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,485,979
- Highest Settlement: $210,000
If you have suffered investment losses by Dharmesh Vora, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Dharmesh Vora For Broker Misconduct
As of this publication date, Dharmesh Vora has been the subject of 9 customer disputes and 1 investigation. Let’s review them below.
In October 2023, a complaint was filed against or in reference to Dharmesh Vora by a customer of Vora Wealth Management, PLLC alleging unsuitable advice, breach of fiduciary duty, gross negligence, and other causes of action related to recommendation of structured notes in 2021. Per the customer, he/she lost over $486,000 because of Mr. Vora’s actions. As of this publication date, this claim remains pending.
In October 2023, a complaint was filed against or in reference to Dharmesh Vora by a customer of Vora Wealth Management, PLLC alleging unsuitable advice, breach of fiduciary duty, unauthorized trading, fraud, and elder abuse related to structured notes in 2020 and 2021. Per the customer, he/she lost over $46,879 because of Mr. Vora’s actions. As of this publication date, this claim remains pending.
In October 2023, a FINRA arbitration was filed against or in reference to Dharmesh Vora by multiple customers of Vora Wealth Management, PLLC alleging lack of suitability, fraud, breach of fiduciary duty, negligence, negligent misrepresentation, dishonest and unethical practices, breach of contract, breach of the implied duty of good faith and fair dealing, and other causes of actions related to recommendation of structured notes in 2021 and insurance products. Per the customers, they lost over $1,485,979 because of Mr. Vora’s actions. As of this publication date, this claim remains pending.
In September 2023, a complaint was filed against or in reference to Dharmesh Vora by a customer of Vora Wealth Management, PLLC alleging lack of suitability related to investment in structured note. Per the customer, he/she lost over $800,000 because of Mr. Vora’s actions. As of this publication date, this claim remains pending.
In August 2023, United States Securities and Exchange Commission initiated an investigation against or in reference to Dharmesh Vora and Vora Wealth Management’s practices of recommending equity-linked notes (“ELNs”) to customers.
In January 2023, a complaint was filed against or in reference to Dharmesh Vora by multiple customers of Vora Wealth Management, PLLC alleging unsuitable advice related to structured notes in 2021 and other causes of action. Per the customers, they lost over $480,510 because of Mr. Vora’s actions. As of this publication date, this claim remains pending.
In October 2022, a FINRA arbitration was filed against or in reference to Dharmesh Vora by multiple customers of Vora Wealth Management, PLLC alleging unsuitable recommendation of structured notes in 2020 and other causes of action. Per the customers, they lost over $375,000 because of Mr. Vora’s actions. On September 28, 2023, Mr. Vora settled the claim for $103,500.
In September 2022, a FINRA arbitration was filed against or in reference to Dharmesh Vora by a customer of Vora Wealth Management, PLLC alleging unsuitable investment recommendations and undiversified portfolio. Per the customer, he/she lost over $800,000 because of Mr. Vora’s actions. On May 16, 2023, Mr. Vora settled the claim for $175,000, and some or all of this amount may have been paid by Mr. Vora’s employer and/or insurance carrier.
In June 2022, a FINRA arbitration was filed against or in reference to Dharmesh Vora by a customer of Vora Wealth Management, PLLC alleging unsuitable investment recommendations and undiversified portfolio. Per the customer, he/she lost over $300,000 because of Mr. Vora’s actions. On May 3, 2023, Mr. Vora settled the claim for $210,000.
In May 2022, a complaint was filed against or in reference to Dharmesh Vora by a customer of Vora Wealth Management, PLLC alleging unsuitability. Per the customer, he/she lost over $165,000 because of Mr. Vora’s actions.
How To File A Claim Against Dharmesh Vora of Vora Wealth Management, PLLC (previously with Global Financial Private Capital, LLC and North Harbor Advisers) To Get Your Money Back
If you have questions about Dharmesh Vora, Vora Wealth Management, PLLC, Global Financial Private Capital, LLC, North Harbor Advisers, 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.