Sanjay Goswami Allegedly Executed Improper Outside Business Activity Including False and Misleading E-mails to Potential Investors

investor rights attorneyThe investment recovery lawyers at Peiffer Rosca Wolf are currently investigating Sanjay Goswami for allegedly engaging in outside business activity.

From May 2011 through October 2012, while still registered with Paribas Securities Corp., or PNB, Goswami allegedly engaged in business activity outside the parameters of his relationship with PNB, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC) currently being reviewed by attorneys Joe Peiffer and Alan Rosca.

In a litany of reported violations, Goswami allegedly failed to provide prior written notice to PNB before engaging in this business activity, shot out emails and sales material to potential institutional investors, riddled with false, misleading and unsubstantiated statements concerning the outside business activity and his and PNB’s involvement in said business, according to the AWC which Joe Peiffer and Alan Rosca are currently perusing.

Goswami Was Allegedly involved with DIG

Around May 2011, Goswami allegedly became involved in the launching of a venture capital fund referred to as DIG Capital, DIG Capital Fund I and/or Venture Capital Royalty Fund, or DIG, the AWC further notes.

To be exact, Goswami allegedly acted as an advisor to DIG, and reportedly arranged introductions for DIG with service providers and institutional investors, reviewed and provided comments on DIG’s marketing materials and distributed those marketing materials to the potential institutional investors,  DIG and represented to investors that he was heavily involved in its launch, according to the AWC which Joe Peiffer and Alan Rosca are currently reviewing.

Goswami Fined and Suspensded

Sanjay Goswami received a 60-day suspension from association with any FINRA member in any capacity, and a $7,500 fine in response to his alleged misconduct whilst at PNB.

Investment Fraud Attorneys Recovery Lawyers Investigating

The Peiffer Rosca Wolf investment recovery lawyers often represent investors who lose money as a result of investment fraud, or stockbroker misconduct. They are currently investigating the Goswami case, and the possibility of assisting any victims. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Goswami’s alleged misconduct may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Sanjay Goswami

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1225 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.