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Todd Mezrah Suspended by FINRA Following Allegations of Misleading Emails

Todd Mezrah (CRD #: 2313891), a broker registered with Lion Street Financial, has been suspended by FINRA. This is according to his BrokerCheck record, accessed on December 11, 2023. 

On October 17, 2023, Todd Mezrah consented to FINRA’s findings that he sent 14 emails to 16 retail investors discussing an opportunity to invest in a multi-family real estate property through a private offering of interests in the company that planned to acquire and develop the property. 

FINRA alleges that these communications violated FINRA Rule 2210. FINRA Rule 2210 requires all communications with the public to be fair, balanced, and free from any false or misleading statements.

FINRA alleges that Todd Mezrah failed to provide information regarding the risks associated with private placements, including the risk of losing the entire investment. Further, the emails allegedly made unwarranted and misleading statements, such as that the private placement company could remain a “lower cost provider” even after they “raise rents.” FINRA alleges that Todd Mezrah did not have the authority to raise rents, making this statement misleading. The emails also allegedly stated that the investment had “limited downside,” which was allegedly misleading due to the speculative nature of the investment. 

Terms of the AWC 

As part of the terms of the AWC, Todd Mezrah consented to a fine of $10,000 and a 20-business-day suspension. You can read a copy of the AWC here

Employment Separation After Allegations 

M Holdings Securities terminated Todd Mezrah on April 16, 2023, following allegations that he did not follow the firm’s policies and procedures concerning outside business activities and private securities investments. 

Background Information 

Todd Mezrah has passed the following exams:

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

He is a registered broker in 18 states, Florida, and D.C.

In his 30 years of experience, Todd Mezrah has registered with four firms: 

  • Lion Street Financial (CRD #: 165828) 
  • Lion Street Advisors (CRD #: 167610) 
  • M Holdings Securities (CRD #: 43285) 
  • Mutual Service Corporation (CRD #: 4806) 

Kurta Law Can Help 

If you have worked with Todd Mezrah and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.