Meyer Wilson’s securities fraud attorneys are investigating stockbroker
misrepresentation claims against broker Andrew Constantinides (CRD# 5596143).
The Financial Industry Regulatory Authority’s (FINRA) BrokerCheck
report states that Andrew Constantinides (CRD# 5596143) was named in a
pending customer dispute filed Dec. 23, 2016 alleging stockbroker misrepresentation.
The report states that the client alleges that Andrew Constantinides “made
misrepresentations in regards to a particular private placement in which
the client was solicited to invest.”
The client is asking for $350,000 in damages in the pending stockbroker
Andrew Constantinides has been in the securities industry for seven years.
He has been registered in Boca Raton, Fl. with Merrill Lynch since June
2016. The pending complaint stems from the time he was registered with
Dawson James Securities from 2009 to 2016.
The states where he is a registered stockbroker and investment adviser
are Florida, California, Maryland, Minnesota, Montana, New Jersey and
The U.S Securities and Exchange Commission (SEC) protects investors by
making sure that all investors, whether large institutions or private
consumers, should have access to certain information regarding a potential
investment before buying it and for as long as they hold onto that investment.
What is Stockbroker Misrepresentation?
Full disclosure of all relevant information about an investment is one
of the most important duties of a stockbroker. Without full disclosure,
investors aren’t able to make the best decisions about where to
put their money. Failing to disclose all relevant information about an
investment is stockbroker misrepresentation.
Federal securities law prohibits stockbrokers and investment advisers from
engaging in stockbroker misrepresentation by misleading clients regarding
Stockbrokers are obligated to provide clients with all the material facts,
including the risk level of a stock, any fees connected with the transaction,
and the possible return on the investment.
If a stockbroker misrepresents the nature or quality of an investment and
the investor loses money, the stockbroker may be held responsible, and
investors may be able to recover their losses.
Stockbrokers and investment advisers that withhold or falsify material
facts can be investigated for stockbroker misrepresentation and face possible
disciplinary action from FINRA, the SEC, or state regulators.
If you lost money investing with Merrill Lynch stockbroker Andrew Constantinides,
contact the securities fraud attorneys at Meyer Wilson today. For nearly
20 years, we have provided our clients with experienced legal representation
required to secure the financial compensation they deserve.
Through our efforts, we have successfully recovered over $350 million in
verdicts and settlements for our clients. Call us to discuss your case
with a member of our firm, or
fill out our online form to request a FREE
case evaluation today.