Sam Bhushan, also known as Sameer Bhushan, is a former Cabin Securities broker who is the subject of multiple customer dispute disclosures reported on his FINRA BrokerCheck profile.

According to FINRA BrokerCheck, Bhushan is not currently registered as a broker. His BrokerCheck report lists 10 customer dispute disclosures, including 9 pending customer disputes and 1 final or settled customer dispute.

Sources: FINRA BrokerCheck profile for Sam Bhushan / Sameer Bhushan (https://brokercheck.finra.org/individual/summary/4884717); FINRA BrokerCheck report PDF (https://files.brokercheck.finra.org/individual/individual_4884717.pdf)

Bhushan was previously registered with Cabin Securities, Inc. from July 2017 to December 2025 in Irvine, California. His BrokerCheck report also lists prior registrations with Arete Wealth Management, ARI Financial Services, Realty Capital Securities, KBR Capital Markets, Burch & Company, and other firms.

BrokerCheck also reports an outside business activity listed as “DBA DSTs 1031 Investments,” with all activity executed through and supervised by Cabin Securities, Inc.

Pending Customer Disputes

FINRA BrokerCheck reports multiple pending customer disputes involving Cabin Securities and allegations related to Reg D private placements and real estate securities.

The allegations reported in the pending matters include fraud, misrepresentation, omissions of material facts, unsuitable recommendations, breach of contract, breach of fiduciary duty, and alleged failure to conduct due diligence.

Several of the pending disputes report significant alleged damages, including:

  • A pending FINRA arbitration reporting alleged damages of $3.5 million;
  • A pending FINRA arbitration reporting alleged damages of $1.695 million;
  • A pending FINRA arbitration reporting alleged damages of $3.4 million;
  • A pending disclosure reporting alleged damages of $2,025,634;
  • A pending dispute involving an investment of approximately $413,636.93.

The product type listed in the reported disputes is generally Real Estate Security, with allegations connected to Reg D private placements.

Prior Settled Customer Dispute

FINRA BrokerCheck also reports one settled customer dispute involving Cabin Securities.

The allegations involved a Reg D private placement and included fraud, misrepresentation, omissions of material facts, unsuitable recommendations, breach of contract, and breach of fiduciary duty. The product type was listed as Real Estate Security.

Alleged damages were listed as $150,000, and the matter was reported as settled for $132,498.

Why These Disclosures Matter

Reg D private placements, real estate securities, DSTs, and 1031 exchange-related investments can carry significant risks, including illiquidity, valuation uncertainty, limited transparency, concentration risk, and dependence on the financial strength of the sponsor.

When these products are recommended to retail investors, brokerage firms and financial professionals are generally expected to evaluate whether the investment is suitable based on the investor’s age, risk tolerance, liquidity needs, investment objectives, and overall financial condition.

The customer disputes reported on Bhushan’s BrokerCheck profile raise issues commonly seen in private placement and alternative investment loss cases, including alleged misrepresentations, alleged omissions, suitability concerns, and alleged due diligence failures.

Important Note for Investors

The allegations reported in FINRA BrokerCheck are allegations only. Pending customer disputes have not been proven, and settled matters may be resolved without any admission or finding of wrongdoing.

However, investors who suffered losses in Reg D private placements, real estate securities, DSTs, 1031 exchange-related investments, private offerings, or other alternative investments recommended through Cabin Securities or a related financial professional may wish to review their account records and speak with an investment loss recovery attorney.

Sonn Law Group represents investors in claims involving unsuitable investments, private placement losses, real estate securities, DST losses, alternative investment losses, broker misconduct, investment adviser misconduct, and failure-to-supervise claims.

Investors who suffered losses in private placements or alternative investments may contact Sonn Law Group to discuss potential recovery options.