Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 14, 2017 indicate that Florida-based Merrill Lynch broker/adviser Andrew Constatinides has been named in a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Constantinides (CRD# 5596143).
Andrew Constatinides has spent seven years in the securities industry and has been registered with Merrill Lynch in Boca Raton, Florida since June 2016. He was previously registered with Dawson James Securities (2009-2016). He has passed three securities industry examinations: Series 65 (Uniform Combined State Law Examination); Series 63 (Uniform Securities Agent State Law Examination); and Series 7 (General Securities Representative Examination). He is a registered broker and investment adviser with seven US states and territories: California, Florida, Maryland, Minnesota, Montana, New Jersey, and South Carolina.
According to his BrokerCheck report, Andrew Constantinides has received one pending customer complaint.
In December 2016 a customer alleged Andrew Constantinides, while employed at Dawson James Securities, “made misrepresentations in regards to a particular private placement in which the client was solicited to invest.” The customer is seeking $350,000 in damages in the pending complaint.
Federal securities law prohibits brokers like Andrew Constantinides from making untrue or false statements that can mislead their clients. They are similar forbidden from omitting material facts regarding an investment, or the effect that an investment could have on the client’s finances. A “material fact” is a piece of information that would be a significant consideration for a reasonable investor in making a decision about an investment. Some examples include the risk level of a stock, the potential return on an investment, or the fees involved with the transaction. Brokers and investment advisers who misrepresent material facts may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have lost money investing with Andrew Constantinides, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.