Abraham Biderman, formerly with Palladium Capital Advisors, Barred from Securities Industry

Have you lost money with financial advisor Abraham Biderman from New York, New York?  We are investigating into allegations made by FINRA (the Financial Industry Regulatory Authority) against Abraham or “Abe” Biderman.  FINRA barred Biderman from the securities industry after he failed to respond to an investigation regarding allegations that Biderman participated in a private securities transaction without disclosing such to his former brokerage firm, Palladium Capital Advisors.

Abraham Biderman was a registered representative and financial advisor with Palladium Capital Advisors from July 2006 to February 2018.  He was also previously affiliated with Lipper Convertibles.  He worked out of a branch office in New York, New York.  They also worked with MPhase Technologies, European American Group, and Eagle Strategic Advisers.

Broker-dealers like Palladium Capital Advisors have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives.  Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations.  When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman are investment fraud and securities arbitration attorneys with offices in Denver, Colorado and Seattle, Washington.  Our firm has represented over one thousand investors throughout the country, including investors in New York City.

Click to view:  Biderman, Abraham FINRA AWC

Click to view:  Biderman, Abraham BrokerCheck 7.2.18

If you have lost money with Abraham Biderman, or Palladium Capital Advisors, and want to hear about ALL legal options, please visit https://www.israelsneuman.com/ or CONTACT US at 720-599-3505.

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency.  Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency.  All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact.  This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice.  Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis.  In contingent representation, clients may still be liable for costs.