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Andrew Paul Nardella formerly with First Allied Securities Has 3 Customer Complaints for Alleged Broker Misconduct

Who is Andrew P. Nardella formerly with First Allied Securities?

Andrew Nardella (CRD #1799354) who was formerly registered with First Allied Securities and located in Cazenovia, NY is a subject of one of our many securities industry sales practice abuse investigations.

Prior to First Allied Securities, Andrew Nardella was associated with 1st Discount Brokerage and 1 other investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.

First Allied Securities Broker Misconduct

In his/her career, Andrew Nardella has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last two years to recover investment losses.

One of Andrew Nardella’s 3 customer complaints was settled in favor of investors. 2 of the customer’s complaints were denied and the customers did not take any further action.

Allegations Against Andrew Nardella

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • The client alleges misrepresentation in REIT sale in 2014.
  • The client’s attorney-in-fact alleges unauthorized trading in May 2013.
  • The customer claims that his instructions to place stop-loss orders were not placed properly.

Andrew Nardella Red Flags & Your Rights as An Investor

Of course, Andrew Nardella 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 that should put all current and former customers of Andrew Nardella at First Allied Securities on alert to review carefully the activity and performance of their accounts and question whether Andrew Nardella has engaged in any stockbroker misconduct that may have caused them investment losses.

There have been a large number of customer complaints at First Allied Securitieswhich also raises questions about its 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 First Allied Securities

If you have questions about First Allied Securities and/or Andrew Nardella 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.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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