DID DAVIT HAMBARDZUMYAN CAUSE YOU INVESTMENT LOSSES?
Davit Hambardzumyan was fired from U.S. Bancorp Investments, Inc in October 2024 due to allegations that were in violation of internal policies.
Who is Davit Hambardzumyan formerly with U.S. Bancorp Investments, Inc.?
Davit Hambardzumyan (CRD #7359911) who was formerly registered as a broker with U.S. Bancorp Investments, Inc. and located in Burnsville, Minnesota, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Davit Hambardzumyan Employment History and Termination
Davit Hambardzumyan worked at U.S. Bancorp Investments, Inc. in Burnsville, MN, from June 2021 to November 2024 as a registered broker, and held a prior role at U.S. Bank as a Wealth Management Banker since February 2016. His employment history also includes a role at the Ministry of Education and Science in Armenia as the Head of Division from 2011 to 2015 and additional non-investment-related positions
He passed two general industry/product exams (Series 6 and SIE) and one multi-state securities law exam (Series 63). However, he has not passed any principal or supervisory exams. He is not currently registered as a broker.
Hambardzumyan was terminated from U.S. Bancorp Investments, Inc. on October 24, 2024, stemming from allegations of improper account-opening procedures-failing to properly obtain account signature cards on five occasions, which violated internal policies.
Negative Disclosures Summary
There is one disclosed termination in Mr. Hambardzumyan’s record.
- Termination Date: October 24, 2024
- Firm: U.S. Bancorp Investments, Inc.
- Reason: Discharged for failing to properly obtain bank account signature cards in five instances.
- Impact: Opened accounts improperly, which affected his compensation.
Davit Hambardzumyan Red Flags & Your Rights As An Investor
Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Davit Hambardzumyan is a red flag which should put all current and former customers of Davit Hambardzumyan at U.S. Bancorp Investments, Inc. on alert to review carefully the activity and performance of their accounts and question whether Davit Hambardzumyan engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at U.S. Bancorp Investments, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At U.S. Bancorp Investments, Inc. Due To Davit Hambardzumyan
If you have questions about U.S. Bancorp Investments, Inc. and/or Davit Hambardzumyan and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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