Advisor Alert: Our Attorneys Are Investigating Rajeswaran Venkatraman For Investment Fraud
Did You Lose Money Because of Rajeswaran Venkatraman of Voya Financial Advisors?
Filed: October 20, 2023
Rajeswaran Venkatraman has been the subject of four (4) 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 Rajeswaran Venkatraman.
Who Is Rajeswaran Venkatraman of Voya Financial Advisors, Inc.?
- Advisor Name: Rajeswaran Venkatraman
- Aliases: Venkatraman Rajeswaran
- CRD: 1383008
- Location: Lisle, Illinois
- Current Employer: Voya Financial Advisors, Inc.
- Previous Firms: ING Financial Advisers, LLC and Aetna Financial Services, Inc.
- Number of Known Customer Complaints: 4
- Can Rajeswaran Venkatraman Be Sued: Yes, in Private Arbitration
- Can Rajeswaran Venkatraman’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,000
- Highest Settlement: $110,000
If you have suffered investment losses by Rajeswaran Venkatraman, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Rajeswaran Venkatraman For Broker Misconduct
As of this publication date, Rajeswaran Venkatraman has been the subject of 4 customer disputes. Let’s review them below.
In March 2021, a complaint was filed against or in reference to Rajeswaran Venkatraman by a customer of Voya Financial Advisors, Inc. alleging that Mr. Venkatraman recommended or sold unsuitable investments that caused the client to lose half of his investment. Per the customer, he lost over $39,439 due to Mr. Venkatraman’s actions.
In September 2020, a complaint was filed against or in reference to Rajeswaran Venkatraman by multiple customers of Voya Financial Advisors, Inc. alleging that Mr. Venkatraman misrepresented and failed to disclose material facts regarding their 2016 investment in a closed end fund. There was no exact alleged damage amount.
In December 2019, a FINRA arbitration was filed against or in reference to Rajeswaran Venkatraman by multiple customers of Voya Financial Advisors, Inc. alleging that Mr. Venkatraman sold them alternative investments that were unsuitable for their risk profile totalling $793,000 around 2013. Per the customers, they lost over $100,000 due to Mr. Venkatraman’s actions. On October 8, 2020, Mr. Venkatraman settled the claim for $110,000 and some or all of this amount may have been paid by Mr. Venkatraman’s employer and/or insurance carrier.
In April 1995, a complaint was filed against or in reference to Rajeswaran Venkatraman by a customer of Aetna Financial Services Inc. alleging that Mr. Venkatraman misinterpreted the sale of an Aetna Universal Life Product. The client added that Mr. Venkatraman wrongfully replaced their Whole Life policies to Universal Life. Per the customers, they lost over $47,632 due to Mr. Venkatraman’s actions. On October 5, 2001, Mr. Venkatraman settled the claim for $60,000, and some or all of this amount may have been paid by Mr. Venkatraman’s employer and/or insurance carrier.
How To File A Claim Against Rajeswaran Venkatraman of Voya Financial Advisors, Inc. (previously with ING Financial Advisers, LLC and Aetna Financial Services, Inc.) To Get Your Money Back.
If you have questions about Rajeswaran Venkatraman, Voya Financial Advisors, Inc., ING Financial Advisers, LLC, Aetna Financial Services, Inc., 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.