DID ANDREW JAMES PRAVLIK CAUSE YOU INVESTMENT LOSSES?
Andrew Pravlik Of Coastal Equities, Inc. And Formerly With Prospera Financial Services Inc. Has 3 Customer Complaints For Alleged Broker Misconduct
Who is Andrew Pravlik of Coastal Equities, Inc.?
Andrew Pravlik (CRD #2360456) who is currently registered with Coastal Equities, Inc. and located in Pittsburgh, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations. Prior to Coastal Equities, Inc., Andrew Pravlik was associated with Prospera Financial Services Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Andrew Pravlik Customer Complaints
Andrew Pravlik has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Andrew Pravlik’s 3 customer complaints was settled in favor of investors. One of Andrew Pravlik’s customer complaints was denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Andrew Pravlik’s former employer Prospera Financial Services Inc. for investment losses caused by the alleged misconduct.
Allegations Against Andrew Pravlik
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Customer alleged breach of fiduciary duty, misrepresentation, unsuitable investment recommendations in connection with 5 different alternative investments offered and sold by Andrew Pravlik.
- Excessive fees in connection with investment transactions.
- Unsuitable investment recommendations.
Andrew Pravlik Red Flags & Your Rights As An Investor
Of course, Andrew Pravlik 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 Andrew Pravlik at Coastal Equities, Inc. and Prospera Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Andrew Pravlik has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Coastal Equities, Inc. and Prospera Financial Services Inc. also raises questions about the brokerage firms’ 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 Coastal Equities, Inc. Due To Andrew Pravlik
If you have questions about Coastal Equities, Inc., Prospera Financial Services Inc. and/or Andrew Pravlik 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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