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Surya Sapra Facing His Second Investor Dispute

Surya Sapra (CRD #: 4713523), a broker registered with Santander Securities, is facing an investor dispute. This is according to his BrokerCheck record, accessed on July 21, 2023. Keep reading for more detail. 

On May 23, 2023, an investor alleged they experienced excessive capital gains due to rebalancing activity. Surya Sapra is named in the dispute. The investor allegedly wishes to be compensated for the excess tax liability. 

There is another investor dispute on his record. On April 9, 2020, an investor alleged that Surya Sapra provided poor investment advice that resulted in a significant loss. The investor sought $70,000 but the dispute was denied by the firm. 

Investors should know, however, that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration. 

Background Information 

Surya Sapra has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He has registered with 23 states and the District of Columbia. He is a registered investment adviser in Texas and Massachusetts. 

Surya Sapra has worked with the following firms: 

  • LPL Financial (CRD #: 6413) 
  • IFMG (CRD #: 14416) 
  • CitiGroup (CRD #: 7059) 

Kurta Law Can Help

If you worked with Surya Sapra and you have concerns about your investments, please contact us today at 877-600-0098 or 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.