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Andrew Yocum Faces Stock Complaint

Andrew YocumThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Florida-based Summit Brokerage Services broker Andrew Yocum (CRD# 4590723).

Andrew Yocum has spent thirteen years in the securities industry and has been registered with Summit Brokerage Services in Boca Raton, Florida since December 2015. Previous registrations include Morgan Stanley in The Villages, Florida (2009-2015); Morgan Stanley & Company in The Villages, Florida (2007-2009); and AG Edwards & Sons in The Villages, Florida (2002-2007). He is currently not a registered broker in any US state or territory.

According to his BrokerCheck report, Andrew Yocum is the subject of one customer complaint and two pending customer complaints, and was discharged from his position at Morgan Stanley.

In January 2016 a customer alleged Andrew Yocum, while employed at Morgan Stanley, over-concentrated her account in energy stocks. The customer is seeking unspecified damages in the pending complaint.

In November 2015 a customer alleged Yocum, while employed at Morgan Stanley, recommended unsuitable investments to a customer. The customer is seeking unspecified damages in the pending complaint.

In October 2015 Andrew Yocum was discharged from his position at Morgan Stanley following “allegations concerning acting on verbal discretion.”

In June 2015 a customer alleged Yocum, while employed at Morgan Stanley, recommended unsuitable investments. The customer is seeking $98,500 in damages in the pending complaint.

In May 2015 a customer alleged Andrew Yocum, while employed at Morgan Stanley, recommended unsuitable energy stocks in their managed IRA accounts. The complaint settled in August 2015 for $33,698.

If you or someone you know has a complaint regarding stockbroker Andrew Yocum, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.