Noyeg Arkoian Fined, Suspended by FINRA

In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Noyeg Arkoian of Las Vegas, Nevada formerly with US Bancorp Securities was fined $5,000 and suspended from association with any FINRA member for three months for accepting loans from customers, a violation of firm rules.  The findings further stated that Arkoian failed to disclose the loans or seek firm approval prior to entering into the loan transactions.  The suspension was effective from March, 2016 through June, 2016.

Noyeg Arkoian’s registration and disciplinary history

In order to lawfully sell investments to the public,  a registered rep must either be registered or exempt from registration.  Noyeg Arkoian  was registered with:

06/2012 – 07/2015
10/2010 – 06/2012
06/2009 – 09/2010
03/2008 – 02/2009

According to FINRA’s CRD disclosure report, Noyeg Arkoian  has been the subject of two  customer complaints and one regulatory investigations.

 The Law Office of David Liebrader practices exclusively in the field of investment loss recovery.  For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions.  During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies.  The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.

When investors contact our firm they can expect prompt attention, and a detailed analysis of their issues.  Typical claims that we are asked to review  involve “unsuitability (where a financial advisor makes investment recommendations that are inconsistent with a customer’s investment objectives), claims for “churning” (where a broker enters into an excessive number of trades for the purpose of generating commissions), claims involving illiquid investments such as private placements (I.e., real estate investment trusts, limited partnerships, equipment leasing and oil and gas drilling programs) as well as claims for violations of state securities laws, which often provide investors remedies like attorney’s fees and interest, if they are successful on the claim.

If you suspect that you have been the victim of investment fraud, or had a financial advisor recommend unsuitable investments to you, call us today for a free, confidential consultation at (702) 380-3131.

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