RED BANK, NJ

 Have you lost money with financial advisor Maxim Beliakov, with Garden State Securities in Red Bank, New Jersey?  We are looking into allegations made against Maxim Beliakov. Beliakov has been the subject of an investigation by FINRA.  FINRA was investigating whether Beliakov had been excessively trading or churning customer accounts.  To settle these allegations, Beliakov had agreed to a four month suspension and a $5,000 fine.

Maxim Beliakov was with Garden State Securities from November 2019 to March 2021.  He was also with Woodstock Financial from May 2013 to November 2019.  He has worked at branch offices in Red Bank, New Jersey and Staten Island, New York.

Brokerage firms like Garden State Securities have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New Jersey.  Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click here to view Maxim Beliakov BrokerCheck Report

If you lost money with Maxim Beliakov or Garden State Securities, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.