Fort Worth, TX – December 5, 2025 – Patil Law, P.C. provides information about Jordan Lenderman (CRD# 7128657), a registered representative with Equitable Advisors, LLC. According to FINRA BrokerCheck records, Mr. Lenderman has one customer complaint on file alleging he failed to follow investment instructions and placed client funds in an inappropriate variable annuity, resulting in $5,000 in alleged damages. This post presents factual information from publicly available FINRA records to help investors make informed decisions.
BrokerCheck Snapshot
Name: Jordan Lenderman
CRD #: 7128657
Firm: Equitable Advisors, LLC
Location: Fort Worth, TX
Years in Industry: 5
Number of Disclosures: 1
Customer Complaint Against Jordan Lenderman
On August 21, 2025, Equitable Advisors received a written customer complaint against Jordan Lenderman. The client alleged that Mr. Lenderman did not follow instructions on how to invest her funds and placed them in an inappropriate variable annuity product, resulting in a missed growth opportunity. The client sought $5,000 in compensatory damages.
The product involved was a variable annuity, which is an insurance product that combines investment features with tax-deferred growth. Variable annuities can carry high fees, surrender charges, and may not be suitable for all investors, particularly those with shorter investment horizons or lower risk tolerance.
On September 24, 2025, Equitable Advisors denied the complaint, stating the firm found no basis for the customer’s allegations. According to FINRA records, no settlement was paid, and Mr. Lenderman did not personally contribute to any resolution. The complaint remains on his BrokerCheck record as a denied customer dispute.
Pattern of Complaints / Risk Factors
While each case is unique, complaints of this type may indicate concerns related to unsuitable investment recommendations, inadequate risk disclosures, or a failure to follow client instructions. Variable annuity complaints often involve allegations that the product’s fees, liquidity restrictions, or complexity were not adequately explained. Investors should carefully review account statements and seek legal guidance if similar issues occurred.
Can Investors Recover Losses?
Investors who were recommended unsuitable or high-risk investments may be entitled to recover losses through FINRA arbitration. FINRA arbitration is the industry-standard dispute resolution process for claims against registered brokers and brokerage firms. Unlike traditional litigation, arbitration proceedings are designed to be faster and less costly while still providing investors an opportunity to recover damages.
Patil Law, P.C. has over 15 years of experience representing investors in FINRA arbitration and securities litigation, with more than $25 million recovered for clients across 1,000+ cases. We provide a free, confidential consultation to review your potential claim. Our firm works on a contingency fee basis, meaning you pay no attorney fees unless we successfully recover money for you.
Contact Patil Law, P.C. today at 800-950-6553 or email info@patillaw.com for a free case evaluation.
About FINRA Arbitration
FINRA arbitration is a streamlined dispute resolution process for securities-related claims. It offers a faster, more cost-effective alternative to traditional court litigation. Most cases are resolved within 12-16 months through either settlement negotiations or a hearing before a neutral arbitration panel. Claims generally must be filed within six years of the incident or discovery of the loss.
Professional Background
Jordan Lenderman has been registered with Equitable Advisors since June 2020, working out of the firm’s Fort Worth, Texas office. He holds securities licenses in seven states: Arkansas, California, Louisiana, Mississippi, Ohio, Oklahoma, and Texas. Mr. Lenderman passed the Series 7 (General Securities Representative), Series 24 (General Securities Principal), Series 66 (Uniform Combined State Law), and SIE (Securities Industry Essentials) examinations.
Prior to his current role, Mr. Lenderman briefly worked with AXA Advisors, LLC (which later became part of Equitable Advisors) from May to June 2020. He also completed an internship with AXA Advisors in summer 2019. Before entering the securities industry, he attended the University of Arkansas from 2016 to 2020.
Related Brokers and Firms
Investors researching complaints at Equitable Advisors may find these resources helpful:
- Equitable Advisors Advisors – Complaints & Disclosures
- Unsuitable Investment Claims
- Variable Annuity Fraud
- FINRA Arbitration Process
- Failure to Supervise Claims
Frequently Asked Questions
What is the complaint against Jordan Lenderman?
A client alleged that Jordan Lenderman failed to follow instructions regarding investment of her funds and placed them in an unsuitable variable annuity product, resulting in $5,000 in alleged damages. The complaint was filed in August 2025 and denied by Equitable Advisors in September 2025.
Can investors recover losses involving Equitable Advisors?
Yes. Investors who have suffered losses due to broker misconduct at Equitable Advisors or any other brokerage firm have legal rights under securities laws. The primary avenue for recovery is through FINRA arbitration, a dispute resolution process specifically designed for investor-broker disputes. Successful claims can result in compensatory damages, interest, and in some cases, attorney fees.
What is FINRA arbitration?
FINRA arbitration is a forum for resolving disputes between investors and registered brokers or brokerage firms. The process is administered by the Financial Industry Regulatory Authority and typically involves a panel of one to three arbitrators who review evidence and issue a binding decision. It is generally faster and less expensive than court litigation, with most cases concluding within 12-16 months.
What does “unsuitable investment” mean?
An unsuitable investment is one that does not align with a client’s investment objectives, risk tolerance, financial situation, or investment timeline. FINRA rules require brokers to have a reasonable basis for believing that a recommended investment is suitable for a particular client. Factors considered include the client’s age, income, net worth, tax status, investment experience, and liquidity needs.
How do I look up a broker on BrokerCheck?
Visit FINRA’s BrokerCheck website at brokercheck.finra.org and enter the broker’s name or CRD number. The system will display the broker’s employment history, licensing information, professional qualifications, and any disclosure events such as customer complaints, regulatory actions, or criminal matters. BrokerCheck is a free public resource updated regularly.
What should I do if I suspect broker misconduct?
First, gather all documentation related to your account, including statements, trade confirmations, and communications with your broker. Review these materials for unauthorized trades, excessive fees, or investments that don’t match your stated objectives. Next, consider filing a complaint with FINRA or your state securities regulator. Finally, consult with a securities attorney experienced in FINRA arbitration to evaluate whether you have a viable claim for recovery.
About Patil Law, P.C.
Patil Law, P.C. is a securities litigation firm dedicated to representing investors who have suffered losses due to broker misconduct, unsuitable recommendations, and securities fraud. Founded in 2018 by attorney Chetan Patil, the firm focuses exclusively on FINRA arbitration and investment loss recovery.
With over 15 years of combined experience in securities law, Patil Law has successfully recovered more than $25 million for clients across 1,000+ cases. Attorney Chetan Patil earned his law degree from Case Western Reserve University School of Law. Attorneys Gabriela Dubrocq and Patricia Herrera earned their law degrees from University of Miami. The firm handles cases nationwide involving unauthorized trading, churning, unsuitable investments, breach of fiduciary duty, and failure to supervise.
Patil Law works on a contingency fee basis, meaning clients pay no attorney fees unless the firm successfully recovers money on their behalf. All consultations are free and confidential.
Contact Patil Law, P.C.
If you have questions about a potential securities claim or have experienced losses similar to those described in this post, contact Patil Law, P.C. for a free, no-obligation consultation.
Phone: 800-950-6553
Email: info@patillaw.com
Address: 300 South Doheny Drive, Suite 200, Los Angeles, CA 90048
Website: investmentlosslawyer.com
Our experienced securities attorneys can review your situation, explain your legal rights, and help you understand your options for recovering investment losses through FINRA arbitration.
Disclaimer
The information in this post is based on FINRA BrokerCheck records and public filings. Allegations described are pending or unproven and may be contested. All investors are entitled to fair treatment under securities laws. This is attorney advertising. Prior results do not guarantee a similar outcome. This communication is for informational purposes only and does not create an attorney-client relationship.
