DID ANDREW RAYMOND SCHEIRER CAUSE YOU INVESTMENT LOSSES?
Andrew Scheirer Of Purshe Kaplan Sterling Investments And Formerly With Kovack Securities Inc. Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Andrew Scheirer of Purshe Kaplan Sterling Investments?
Andrew Scheirer (CRD #4256666) who is currently registered with Purshe Kaplan Sterling Investments and located in Sanford, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Purshe Kaplan Sterling Investments, Andrew Scheirer was associated with Kovack Securities Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Andrew Scheirer Customer Complaints
Andrew Scheirer has been the subject of 5 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. All of Andrew Scheirer’s 5 customer complaints were settled in favor of investors.
Allegations Against Andrew Scheirer
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable investment recommendations, breach of contract and breach of fiduciary duty related to a variable annuity, investment.
- Failure to fully disclose risks of alternative investments.
- Unsuitable investment recommendations, misrepresentation, breach of contract and breach of fiduciary duty.
- Unsuitable investment recommendations involving private equity products.
- Negligence, negligent misrepresentation, material omissions, common law fraud, and breach of fiduciary duty, related to private equity investments.
Andrew Scheirer Red Flags & Your Rights As An Investor
Of course, Andrew Scheirer 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 Scheirer at Purshe Kaplan Sterling Investments and Kovack Securities Inc. on alert to review carefully the activity and performance of their accounts and question whether Andrew Scheirer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Purshe Kaplan Sterling Investments and Kovack Securities 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 Purshe Kaplan Sterling Investments Due To Andrew Scheirer
If you have questions about Purshe Kaplan Sterling Investments, Kovack Securities Inc. and/or Andrew Scheirer 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.