Broker Alert: Lily Pirouzian Settles Client Dispute for $250,000

Broker Lily Pirouzian Settles Client Dispute for $250,000FINRA records show broker Lily Pirouzian paid out $250,000 to settle a customer complaint. Pirouzian, based in New York, is currently registered with HSBC Securities (USA) Inc.

The broker was with Credit Suisse Securities (USA) LLC, also in New York, when the complaint was lodged in 2017.

The dispute alleges Pirouzian recommended unsuitable investments, over-concentrated in risky securities and caused losses by making margin calls connected to bond purchases.

The questionable activities, which took place between June 2012 and December 2015, violate FINRA rules for registered brokers.

Pirouzian began her career as an investment broker with Credit Suisse in August of 2006. She later moved to HSBC in May of 2016.


Questionable broker practices expose investors to unnecessary risk. If you have suffered losses as a result of bad calls made by a broker, Sonn Law Group can help. Contact us for a free case evaluation. Our team of experienced securities lawyers will determine your best course of action.

Source: BrokerCheck

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