Our firm is investigating TPEG Securities, LLC broker Sandeep Shrivastava (CRD# 5003823) of Southlake, Texas in connection with multiple customer disputes reported through FINRA BrokerCheck.
According to his BrokerCheck report, Shrivastava has been registered with TPEG Securities, LLC since January 2015. His record reflects three customer dispute disclosures, all of which remain pending.
Financial Advisor’s Career History
According to his FINRA BrokerCheck report, Sandeep Shrivastava is currently registered with:
- TPEG Securities, LLC — 01/2015 to Present
FINRA reports no prior securities-firm registrations for Shrivastava. His employment history states that he has worked as a consultant with Trinity Private Equity Group since January 2011.
Shrivastava also reports several investment-related outside business activities, including:
- Magic USA — due diligence consultant involving passive investments in real estate, technology, and operating companies
- Wealth Mind Investments LLC — due diligence consultant involving passive investments
- Shrivastava Family Holdings LLC — president of a family-owned investment entity
Sandeep Shrivastava Allegations and Investor Complaints Explained
FINRA BrokerCheck reflects three pending customer disputes involving Sandeep Shrivastava.
The complaints generally concern direct investments, DPPs, and limited partnership interests, including allegations involving misleading statements, inadequate disclosure of private-placement risks, and losses in portfolios containing mezzanine debt and preferred equity investments. Shrivastava denies the allegations in each matter.
Pending Customer Complaint: Alleged Materially False and Misleading Statements — $1.25 Million
The most recent BrokerCheck disclosure identifies TPEG Securities, LLC as the employing firm when the alleged activities occurred.
According to the disclosure, the client alleges that he was drawn into several investments through statements by his registered representative that were materially false and misleading.
The disclosure provides the following information:
- Disclosure Type: Customer Dispute — Pending
- Firm: TPEG Securities, LLC
- Allegation: Client allegedly was induced into several investments through materially false and misleading statements
- Product Type: Direct Investment — DPP & LP Interests
- Alleged Damages: $1,250,000
- Date Complaint Received: 10/13/2025
- Complaint Pending: Yes
- Written Complaint: Yes
- Arbitration or Civil Litigation: No
Broker’s Statement
Shrivastava denies the allegations. According to his statement, he reviewed the client’s portfolio documentation and believes the client was fully informed about the investment decisions and related disclosures. He also states that the allegations are a continuation of a complaint filed in February 2025.
Pending Customer Complaint: Alleged Failure to Disclose Private Placement Risks — $200,000
A second pending complaint alleges that Shrivastava misled and misinformed a customer between May and August 2019 regarding investments offered through TPEG Securities.
The customer further alleges that he was never made aware of the risks involved in private placements.
The disclosure provides:
- Firm: TPEG Securities, LLC
- Product: Direct Investment — DPP & LP Interests
- Alleged Damages: $200,000
- Complaint Received: 09/06/2025
- Status: Pending
Shrivastava denies the allegations and states that the customer received an Executive Summary, Private Placement Memorandum, and webinar, participated in a call with the investment team, and received quarterly updates. He states that the risks were disclosed in the Private Placement Memorandum.
Pending Customer Complaint: Alleged Unbalanced and Insecure Investments — $620,699
The third pending complaint alleges that investments were not balanced and secure, resulting in both realized and unrealized losses.
The disclosure provides:
- Firm: TPEG Securities, LLC
- Product: Direct Investment — DPP & LP Interests
- Alleged Damages: $620,699
- Complaint Received: 02/13/2025
- Status: Pending
Shrivastava denies the allegations. His BrokerCheck statement says the client had invested with Trinity in mezzanine debt and preferred equity for several years, had previously been satisfied with the portfolio and returns, and began experiencing losses after the market cycle shifted in 2022. He states that each investment was presented with offering materials and that the client reviewed the investments before deciding to proceed.
Disclosure Summary
- Customer Dispute — Pending
- Allegation: Materially false and misleading statements allegedly induced investment purchases
- Product: DPP & LP interests
- Alleged damages: $1,250,000
- Complaint received: October 13, 2025
- Broker position: Shrivastava denies the allegations
- Customer Dispute — Pending
- Allegation: Customer allegedly was misled and not informed of private-placement risks
- Product: DPP & LP interests
- Alleged damages: $200,000
- Complaint received: September 6, 2025
- Broker position: Shrivastava denies the allegations
- Customer Dispute — Pending
- Allegation: Investments allegedly were not balanced and secure and resulted in losses
- Product: DPP & LP interests
- Alleged damages: $620,699
- Complaint received: February 13, 2025
- Broker position: Shrivastava denies the allegations
Conclusion
Investors reviewing Sandeep Shrivastava’s BrokerCheck record should understand that all three customer disputes remain pending and the allegations have not been proven or formally adjudicated.
FINRA explains that pending disclosure matters may ultimately be withdrawn, dismissed, resolved in favor of the broker, or concluded through a negotiated settlement without an admission or finding of wrongdoing.
Investors considering doing business with Sandeep Shrivastava may want to review his complete FINRA BrokerCheck report under CRD# 5003823 for the most current information concerning his registration and disclosure history.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
Private placements, limited partnerships, mezzanine debt, and preferred equity investments can involve substantial risks, including illiquidity, limited marketability, valuation uncertainty, and the potential loss of principal. Investors should receive sufficient information about material risks before deciding whether such investments are appropriate for their financial circumstances and objectives.
Shrivastava’s three pending complaints allege damages totaling more than $2 million, including claims involving allegedly misleading statements, alleged failures to disclose private-placement risks, and alleged portfolio losses. Shrivastava denies all three matters.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, unsuitable recommendations, misrepresentations, and other investment-related misconduct. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis.
Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.
