DID SHOBHNA D RANA CAUSE YOU INVESTMENT LOSSES?
Shobhna Rana Of Pruco Securities, LLC Has 1 Customer Complaint For Alleged Broker Misconduct
About Shobhna Rana of Pruco Securities, LLC?
Shobhna Rana (CRD #6056179) , has had a questionable career path in the securities industry. Since August 2012, Rana has been registered with Pruco Securities, LLC in Paramus, New Jersey, indicating a somewhat stable yet uninspiring tenure at a single firm. Over the years, Rana has managed to pass a total of three securities industry exams, which include two general industry/product exams and one state securities law exam. Despite this, she holds no principal or supervisory exam qualifications and lacks any professional designations, casting doubt on her depth of expertise. Currently, she is registered with one Self-Regulatory Organization and licensed in four U.S. states and territories.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Shobhna Rana Customer Complaints and Reviews
Shobhna D. Rana has been involved in a notable customer dispute:
- Customer Dispute (January 2023): A customer alleged that Rana failed to fully disclose all relevant facts regarding the features of a variable annuity product as advertised, leading to a claim of $25,000 in damages. This dispute, although denied, raises significant questions about Rana’s transparency and honesty in client dealings.
Allegations Against Shobhna Rana
The central accusation against Shobhna D. Rana involves a serious lapse in ethical conduct:
- Misrepresentation: The primary allegation made against Rana concerns her failure to provide complete and accurate information about the investment product she sold, specifically regarding the discrepancies between the product’s advertised and actual features. This type of misrepresentation is a grave concern, as it directly impacts client trust and investment outcomes.
Shobhna Rana Red Flags & Your Rights As An Investor
Of course, Shobhna Rana did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Shobhna Rana at Pruco Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Shobhna Rana has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, LLC 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 Pruco Securities, LLC Due To Shobhna Rana
If you have questions about Pruco Securities, LLC and/or Shobhna Rana 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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