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Manoucher Zolfaghari Fired from Ally Invest Securities Over Alleged Misrepresentations

Manoucher Zolfaghari (CRD #: 6701173), a broker formerly registered with Ally Invest Securities, allegedly misrepresented his personal information to the firm, according to his BrokerCheck record, accessed on April 13, 2023. Read on if you want to know more about his alleged conduct as a broker.

Termination from Ally Invest Securities

On February 2, 2023, Manoucher Zolfaghari was fired from Ally Invest Securities for allegedly violating the firm’s Workplace Behavior Policy by submitting false employment documents, misrepresenting his birth year and educational background, and using different last names.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violating firm policies may also violate FINRA Rule 2010. 

Background Information

Manoucher Zolfaghari has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • Series 7TO – General Securities Representative Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

He has also worked for the following firms:

  • Ally Invest Securities (CRD#:136131)
  • BBVA Securities (CRD#:27060)
  • J.P. Morgan Securities (CRD#:79)

Kurta Law Can Help

If you worked with Manoucher Zolfaghari and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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