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Gary Demetri Formerly of SW Financial Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Gary Demetri Formerly of SW Financial?

Gary Demetri (CRD #1744849) who was formerly registered with SW Financial and located in Melville, New York, is a subject of one of our many securities industry sales practice abuse investigations.  Prior to SW Financial, Gary Demetri was associated with Spartan Capital Securities, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Gary Demetri Customer Complaints

Gary Demetri has been the subject of 2 customer complaints that we know about to recover investment losses.  One of the customer complaints resulted in an arbitration award in favor the investor. The other customer complaint against Spartan capital securities for Mr. Demetri’s alleged misconduct remains pending.

Allegations Against Gary Demetri

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

  • The allegations in the pending arbitration or for unsuitability, unauthorized trading, churning, fraud, and breach of fiduciary duty.
  • The arbitration that resulted in an award in favor of the investor was for unsuitability, breach of fiduciary duty, churning, negligence, unsuitable use of margin, and excessive commissions.

Gary Demetri Red Flags & Your Rights As An Investor

Of course, Gary Demetri 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 Gary Demetri at SW Financial and Spartan Capital Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Gary Demetri has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at SW Financial and Spartan Capital Securities, LLC 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 SW Financial Due To Gary Demetri

If you have questions about SW Financial, Spartan Capital Securities, LLC and/or Gary Demetri 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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