DID APOSTOLOS NICOLAS PITSIRONIS CAUSE YOU INVESTMENT LOSSES?
Apostolos Nicolas Pitsironis formerly with Janney Montgomery Scott and Wells Fargo Has 7 Customer Complaints for Alleged Broker Misconduct In the Past 2 Years
Who is Apostolos N. Pitsironis formerly with Janney Montgomery Scott and Wells Fargo?
Apostolos Pitsironis (CRD #2804907) who was formerly registered with Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC and located in Melville, New York is a subject of one of our many securities industry sales practice abuse investigations. He was permanently barred by FINRA for allegedly converting $411,000 in customer funds.
Prior to Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC, Apostolos Pitsironis was associated with one other investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.
Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC Broker Misconduct
In his career, Apostolos Pitsironis has been the subject of 7 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. All 7 of Apostolos Pitsironis’ customer complaints were settled in favor of investors for investment losses caused by his alleged misconduct.
Allegations Against Apostolos Pitsironis
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- Clients verbally complained that funds loaned to the financial advisor have only been partially paid back.
- The client alleges that the financial advisor took a loan from the client and failed to repay the borrowed amount and interest.
- The client verbally complained that funds loaned to the financial advisor from his IRA with a commitment the funds would be timely restored the will avoid any taxes, have only been partially paid back.
- The client alleged that the financial advisor transferred assets from their account to a third-party bank account, not in the client’s name.
Apostolos Pitsironis Red Flags & Your Rights As An Investor
Of course, Apostolos Pitsironis did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Apostolos Pitsironis at Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC alert to review carefully the activity and performance of their accounts and question whether Apostolos Pitsironishas engaged in any stockbroker misconduct that may have caused them investment losses.
A large number of customer complaints at Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim to Recover Your Investment Losses At Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC
If you have questions about Janney Montgomery Scott LLC and Wells Fargo Clearing Services, LLC and/or Apostolos Pitsironis and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Rate this Post
Loading...