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Investor Alleges Jeffrey Tabman Recommended Unsuitable Managed Account

Jeffrey Tabman (CRD #: 2456989), a broker registered with Equitable Advisors, allegedly made an unsuitable recommendation, according to his BrokerCheck record, accessed on February 16, 2023. Keep reading if you want to know more about his alleged conduct as a broker,

Investor Dispute

On January 12, 2023, an investor filed a dispute alleging Jeffrey Tabman gave an unsuitable recommendation of a managed account in 2022. This dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without an external review. Investors may be able to recover their funds after a denial by seeking out FINRA arbitration.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take investors’ profiles into account when recommending investments. These profiles describe an investor’s tax status, risk tolerance, and other characteristics.

Background Information

Jeffrey Tabman has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 24 – General Securities Principal Examination
  • Series 8 – General Securities Sales Supervisor Examination (Options Module & General Module)

Jeffrey Tabman is a registered broker in ten states and a registered investment adviser in six states.

He previously worked for Sands Brothers & Company (CRD#:26816).

Kurta Law Can Help

If you worked with Jeffrey Tabman 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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