Advisor Alert: Our Attorneys Are Investigating Pratul Victor Agnihotri For Investment Fraud
Did You Lose Money Because of Pratul (Victor) Agnihotri?
Filed: January 16, 2024
Pratul Victor Agnihotri (also known as Victor Agnihotri) currently has one (1) pending judgment/lien event. Overall, he has been the subject of one (1) regulatory event and three (3) customer complaints. 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 Pratul Victor Agnihotri.
Who Is Pratul Victor Agnihotri?
- Advisor Name: Pratul Victor Agnihotri
- Aliases: Victor Agnihotri, Pratol Victor Agnihotri
- CRD: 4031797
- Location: Melville, New York
- Current Employer: Currently Not Registered
- Previous Firms: SW Financial, Spartan Capital Securities, LLC, and Aegis Capital Corp.
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 1
- Number of Known Judgment/Lien Events: 1
- Can Pratul Agnihotri Be Sued: Yes, in Private Arbitration
- Can Pratul Agnihotri’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $83,086.81
- Highest Settlement: $500,000
If you have suffered investment losses by Pratul (Victor) Agnihotri, 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 Pratul (Victor) Agnihotri For Broker Misconduct
As of this publication date, Pratul (Victor) Agnihotri has been the subject of 3 customer disputes, 1 regulatory event, and 1 judgment/lien event. Let’s review them below.
In December 2021, a FINRA arbitration was filed against or in reference to Pratul Agnihotri by a customer of Spartan Capital Securities, LLC alleging churning, unsuitability, breach of fiduciary contract, misrepresentation, unauthorized trading, and failure to supervise. Per the customer, he/she lost over $83,086.81 because of Mr. Agnihotri’s actions. On October 13, 2023, Mr. Agnihotri settled the claim for $500,000, and some or all of this amount may have been paid by Mr. Agnihotri’s employer and/or insurance carrier.
In October 2020, FINRA initiated a regulatory event against or in reference to Pratul Agnihotri for allegedly engaging in an outside business activity without providing prior written notice to either of his member firms.
In October 2010, a complaint was filed against or in reference to Pratul Agnihotri by a customer of Aegis Capital Corp. alleging unauthorized trading and excessive commissions. Per the customer, he/she lost over $5,000 because of Mr. Agnihotri’s actions.
In March 2007, Pratul Agnihotri was the subject of a civil judgment or lien in the amount of $4,010. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In February 2005, a complaint was filed against or in reference to Pratul Agnihotri by a customer of J.P. Turner & Co. L.L.C. alleging unauthorized trades. Per the customer, he/she lost over $9,411.60 because of Mr. Agnihotri’s actions. On March 16, 2005, Mr. Agnihotri settled the claim for $7,300.
How To File A Claim Against Pratul Agnihotri (previously with SW Financial, Spartan Capital Securities, LLC, and Aegis Capital Corp.) To Get Your Money Back.
If you have questions about Pratul (Victor) Agnihotri, SW Financial, Spartan Capital Securities, LLC, Aegis Capital Corp., 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.