Narinder Kaur Singh

Date:

September 15, 2020

Type of alert:

FINRA AWC  

Narinder Kaur Singh, a former registered representative associated with Farmers Financial Solutions, LLC in Sacramento, California, recently consented to sanctions imposed in a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority’s Department of Enforcement.

Singh was associated with Farmers Financial Solutions (Farmers) from January 2018 to November 2019. She has been associated with three other member firms within the last ten years: OneAmerica Securities, Inc. (November 2007 – October 2014); Transamerica Financial Advisors, Inc. (November 2014 – August 2016); and Proequities, Inc. (July 2016 – December 2017). All firms are located in Elk Grove, California. In October 2019, Transamerica and Proequities filed Form U5 amendments that disclosed pending arbitration filed by a customer that alleged Singh had invested their funds into a fraudulent investment called Express Asset and Wealth Management, Inc., a company Singh controlled. These filings led to Singh’s termination from Farmers.

FINRA Department of Enforcement began investigating these allegations once receiving the Form U5 amendments and requested that Singh provide on-the-record testimony pursuant to FINRA Rule 8210. Singh refused to provide this testimony, thus violating FINRA Rules 8210 and 2010.

By signing the AWC and without admitting or denying the allegations made against her, Narinder Kaur Singh consented to a bar from associating with any FINRA member firm in any capacity.

Singh has numerous customer disputes logged in her FINRA BrokerCheck report alleging that she induced customers to invest into an investment contract with the company she controlled—Express Asset Wealth Management, Inc.

Take the next steps to find out if you have a claim:

Step 1.

Talk to an Experienced Attorney Today

Call and speak to one of our attorneys* for a no-cost consultation to discuss your situation, answer your questions, and help you determine the next steps. This call usually takes about 15 minutes, but we are happy to talk to you as long as you would like!

Step 2.

Quick Review of Your Paperwork

If we think you might have a case, we will need to review a few basic documents. If we determine you have a case, then you will have the option to hire us as your attorneys to pursue it.

Step 3.

Signed Attorney/Client Agreement

If you decide to hire us to pursue your case, we will have you sign an attorney-client agreement so we can begin the process of trying to recover your losses.*

*In the vast majority of cases, our agreement is contingent – meaning you won’t owe us any money unless we recover money for you.


Request a Consultation

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer