Sandeep Shrivastava, a broker registered with TPEG Securities, LLC in Southlake, Texas, is the subject of pending customer complaints that allege misconduct related to private placement investments. According to secondary reporting, the complaints allege misrepresentation, omission of material risks, and unsuitable investment recommendations.
These pending matters raise questions for investors who placed money in direct participation programs or limited partnership interests through Shrivastava or his firm. Affected investors should understand the status of these complaints and the options available to them.
Investors concerned about the conduct described in these complaints can learn more about private placements and the protections available under securities regulations.
What Do Current Disclosures Report About Sandeep Shrivastava?
Sandeep Shrivastava (CRD# 5003823) has at least 4 customer complaint disclosures on record, according to his FINRA BrokerCheck profile. He has been registered with TPEG Securities, LLC (CRD# 146726) since January 7, 2015.
Based on available reporting, all pending complaints involve private placement investments, also described as direct participation programs (DPP) and limited partnership (LP) interests. The complaints reportedly allege:
- Misrepresentation and omission of risks: Customers allege that material facts about investment risks were misrepresented or withheld during the sales process.
- Unsuitable recommendations: Customers allege that the recommended investments were not appropriate for their financial profiles or investment objectives.
All 3 complaints were reported as pending as of late 2025. Because these matters remain unresolved, the allegations have not been proven and no findings of wrongdoing have been made. Investors can review the full details by accessing the BrokerCheck report PDF directly from FINRA.
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What Do Past Complaints Indicate for TPEG Securities LLC Investors?
TPEG Securities, LLC, also associated with the name Trinity Investors in secondary reporting, is the brokerage firm where Sandeep Shrivastava has been registered for approximately a decade. The firm operates out of Southlake, Texas.
If TPEG Securities failed to adequately supervise Shrivastava’s private placement recommendations, investors who suffered losses may have claims against the firm as well as the individual broker. Brokerage firms can be held responsible for the misconduct of their registered representatives when supervisory failures contributed to investor harm.
Investors who held private placement or DPP/LP investments recommended by Shrivastava or other representatives at TPEG Securities may want to review their account records and compare the representations made at the time of sale against the actual risk profile and performance of those investments. Investor Claims maintains a broker complaint database that provides additional context for researching broker and firm complaint histories.
How Meyer Wilson Werning Can Help
if you were sold a private placement through Shrivastava and the risks weren’t clearly explained, the returns didn’t match what you were told to expect, or your account wasn’t reviewed against your actual financial goals, you’re not alone in raising that concern, and you may not be out of options. Investors don’t need to wait for a regulatory finding to have their own account reviewed.
Meyer Wilson Werning represents investors nationwide who have suffered losses due to broker misconduct, misrepresentation, and unsuitable investment recommendations. Meyer Wilson Werning has a proven track record, having recovered more than $350 million for clients across the country over the last 26 years.
If you lost money through investments recommended by Sandeep Shrivastava or TPEG Securities, LLC, you may have a claim for recovery. Contact us today for a free and confidential consultation to discuss your options.
Our lawyers are nationwide leaders in investment fraud cases.
Frequently Asked Questions
What is a pending customer complaint on a broker’s FINRA record?
A pending customer complaint means that an investor has filed a formal dispute against a broker, but the matter has not yet been resolved through arbitration, settlement, or dismissal. Pending complaints appear on a broker’s BrokerCheck record and indicate that allegations have been made but not proven.
How can I check Sandeep Shrivastava’s FINRA BrokerCheck record?
You can review Sandeep Shrivastava’s disclosure history by visiting FINRA BrokerCheck and searching for CRD# 5003823. The BrokerCheck report provides details about a broker’s registration history, employment record, and any customer complaints, regulatory actions, or other disclosures.
What are private placement investments and why are they risky?
Private placements are securities offerings that are not registered with the SEC and are not traded on public exchanges. These investments often carry significant risks, including limited liquidity, lack of transparency, long lock-up periods, and the potential for total loss of invested capital. Because of these risks, brokers have a duty to ensure private placement recommendations are suitable for each investor.
Can I file a claim against both the broker and the brokerage firm?
Yes. Under FINRA rules, a brokerage firm can be held responsible for the actions of its registered representatives if the firm failed to properly supervise those activities. Investors may file FINRA arbitration claims against both the individual broker and the employing firm to seek recovery of investment losses.
Recovering Losses Caused by Investment Misconduct.