Advisor Alert: Our Attorneys Are Investigating Sarabjeet Singh Thapar For Investment Fraud
Did You Lose Money Because of Sonny Thapar?
Filed: March 4, 2024
Sarabjeet Thapar (also known as Sonny Thapar) currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints and two (2) termination events. 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 Sarabjeet Singh Thapar.
Who Is Sarabjeet Singh Thapar of TFS Advisory Services and TFS Securities, Inc.?
- Advisor Name: Sarabjeet Singh Thapar
- Aliases: Sonny Thapar
- CRD: 2699306
- Location: West Orange and Lincroft, New Jersey
- Current Employer: TFS Advisory Services and TFS Securities, Inc.
- Previous Firms: Questar Asset Management, Inc., Questar Capital Corporation, and Hornor, Townsend & Kent, Inc.
- Number of Known Customer Complaints: 2
- Number of Known Termination Events: 2
- Can Sonny Thapar Be Sued: Yes, in Private Arbitration
- Can Sonny Thapar’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $125,000
- Highest Settlement: $50,000
If you have suffered investment losses by Sarabjeet Thapar, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses 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 Sonny Thapar For Broker Misconduct
As of this publication date, Sarabjeet Thapar has been the subject of 2 customer disputes and 2 termination events. Let’s review them below.
In August 2022, a FINRA arbitration was filed against or in reference to Sarabjeet Thapar by a customer of TFS Securities, Inc.alleging negligence, breach of contract, breach of fiduciary duty, and unjust enrichment. As of this publication date, this claim remains pending.
In July 2022, a FINRA arbitration was filed against or in reference to Sarabjeet Thapar by a customer of TFS Securities, Inc. alleging unsuitable and misleading recommendation. Per the customer, he/she lost over $125,000 because of Mr. Thapar’s actions. On July 6, 2023, Mr. Thapar settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Thapar’s employer and/or insurance carrier.
In November 2016, Questar Capital Corporation terminated Sarabjeet Thapar for altering a customer account document after the document had been signed by the customer.
In June 2014, Hornor, Townsend & Kent, Inc. terminated Sarabjeet Thapar for selling an unapproved insurance product.
How To File A Claim Against Sonny Thapar of TFS Advisory Services and TFS Securities, Inc. (previously with Questar Asset Management, Inc., Questar Capital Corporation, and Hornor, Townsend & Kent, Inc.) To Get Your Money Back
If you have questions about Sarabjeet Thapar, TFS Advisory Services, TFS Securities, Inc., Questar Asset Management, Inc., Questar Capital Corporation, Hornor, Townsend & Kent, 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.