Alex Shvartsman, Broker for TD Ameritrade, Named in Customer Complaint Alleging Unsuitable Recommendations

Shvartsman is facing a customer dispute where the client is seeking over $1 million in damages.

The Sonn Law Group is investigating allegations that Alex Shvartsman made unsuitable recommendations. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Alex Shvartsman - TD AmeritradeAlex Shvartsman (CRD#: 3017804) was named in a customer dispute in August of 2019. The client alleged that Shvartsman made an unsuitable recommendation not to sell out of his account. The client is seeking $1.7 million in damages. This matter is still pending.

Shvartsman faced two customer disputes earlier in his career that were both closed with no action.

Shvartsman is currently employed with TD Ameritrade, Inc. in Sayville, NY. He was previously employed by Scottrade, Inc. in Huntington Station, NY from 2016 until 2018. He was also employed by Brill Securities, Inc. in New York, NY, from 2005 until 2014. 

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, TD Ameritrade, Inc. may be liable for investment or other losses suffered by Shvartsman’s customers.

Contact Us Today

The Sonn Law Group is currently investigating allegations that Alex Shvartsman made unsuitable recommendations. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.