Lilia Niyazova: Seacrest Wealth Management Investor Files $12 Million Complaint

Records maintained by the Financial Industry Regulatory Authority (FINRA) and accessed on October 20, 2021 indicate that former New Jersey-based Seacrest Wealth Management broker Lilia Niyazova has received a pending customer dispute alleging $12 million in damages. The investor advocacy law firm MDF Law is interested in hearing from investors who have complaints regarding Ms. Niyazova (CRD# 6018019).

Niyazova Dual Registered with Purshe Kaplan

Lilia Niyazova was also previously affiliated with FINRA member Purshe Kaplan. She has spent eight years registered with FINRA and was most recently registered as a broker with Purshe Kaplan Sterling Investments in Fairfield, New Jersey from 2013 until 2021. She was previously registered with Wells Fargo Advisors Financial Network in Fairfield, New Jersey from 2012 until 2013. She has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), received on July 8, 2020; Series 66 (Uniform Combined State Law Examination), received on October 5, 2012; SIE (Securities Industry Essentials Examination), received on October 1, 2018; and Series 7 (General Securities Representative Examination), received on April 23, 2012. She is currently not registered as a broker with any state or firm, though Securities and Exchange Commission records show that she is registered as an investment adviser with Seacrest Wealth Management in Fairfield, New Jersey.

Customer Files $12 Million Complaint

According to her BrokerCheck report, Lilia Niyazova has received one pending customer complaint. Filed in August 2021, the complaint alleges that as a representative of Purshe Kaplan Sterling Investments, Lilia Niyazova breached her fiduciary duty, committed fraud, and recommended unsuitable investments in asset-backed debt securities. The customer is seeking $12 million in damages in the pending complaint.

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