(CRD #6232970, Sacramento, California)
February 17, 2026 – Avinesh K. Shankar was named a respondent in a FINRA complaint alleging that he converted $511,609.74 from his member firm by intentionally forging customer signatures on annuity applications and submitting them to the firm in order to receive advanced commission payments to which he was not entitled. The complaint alleges that Shankar forged the customer signatures on the annuity applications without the customers’ prior knowledge or consent and that the annuities were never funded. (FINRA Case #2024081563501)
If you have suffered losses as a result of Avinesh K. Shankar’s act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Avinesh K. Shankar. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-330-6707 or email Matthew Schwartz directly at mschwartz@tslfirm.com.
Avinesh K. Shankar
(CRD #6232970, Sacramento, California) February 17, 2026 – Avinesh K. Shankar was named a respondent in a FINRA complaint alleging that he converted $511,609.74 from his member firm by intentionally forging customer signatures on annuity applications and submitting them to the fi
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